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Icahn abandons effort to kill Cigna's Express Scripts deal


Carl Icahn has given up on his attempt to sabotage Cigna's takeover of Express Scripts.
The activist investor had called on other Cigna shareholders to vote against the $67 billion deal. He argued that the health insurer is massively overpaying for a "highly challenged" Express Scripts, which faces existential risks.
But Icahn's push suffered heavy setbacks when influential shareholder advisory firms ISS and Glas ...

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