Cigna’s healthcare business helped spur a 10 percent growth in revenue for the three months through June, the company said on Thursday after reports surfaced that a top activist investor is set to disapprove of the health insurer’s merger with Express Scripts.
Revenue grew to $11.5 billion, while profits in the quarter dipped slightly to $806 million. At the end of June, Cigna insured 16.2 million individuals, a 329,000 increase over last year.
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