Humana Inc (HUM)
20 Jan 2017
* Extendicare Inc - Received approval of Toronto Stock Exchange to make a normal course issuer bid for up to 8.8 million of its common shares Source text for Eikon: Further company coverage:
WASHINGTON The U.S. Justice Department sought on Monday to knock down arguments by Aetna Inc's chief executive that Medicare Advantage competes with government insurance programs, making Aetna's proposed merger with Humana legal under antitrust law. Aetna CEO Mark Bertolini testified on Friday and returned to the witness stand Monday morning. The Justice Department sued to stop the merger in July.
WASHINGTON Aetna Inc's chief executive denied on Friday that its withdrawal from some Obamacare exchanges was in retaliation for government efforts to halt its merger with Humana Inc , as he sought to convince a federal judge to approve the deal. The U.S. Justice Department sued to stop the $34 billion tie-up in July, saying that it and another insurance mega merger, Anthem Inc's planned purchase of Cigna Corp , would mean higher
WASHINGTON A U.S. Justice Department attorney told a federal judge on Monday that health insurer Aetna Inc's planned acquisition of Humana Inc would break antitrust law by reducing competition in Medicare Advantage and Obamacare exchange businesses, kicking off a trial expected to last weeks.
NEW YORK (Reuters Breakingviews) - Donald Trump's election as the next American president risks morphing the era of mega-M&A into bumper breakups by command. The self-described dealmaker has already railed against AT&T's planned $85 bln tie-up with Time Warner, wants to rip apart Comcast-NBC Universal and may have a beef with large banks. Corporate chieftains' imperial ambitions may have to be put on hold.
* Third Point LLC takes share stake of 2.1 million Class A shares in Visa Inc - SEC filing
* Extendicare Inc - qtrly AFFO earnings per share $0.223 Source text for Eikon: Further company coverage:
* Quarterly AFFO earnings per share from continuing operations $0.223
Health insurer Humana Inc reported a higher-than-expected quarterly profit on Friday due to strength in its Medicare Advantage business, which sells plans to the elderly and people with disabilities.
* Individual commercial unit performance in line with expectations
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