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Cigna (CI) Stock Gains, U.S. Will Hear Merger Settlement Offers

NEW YORK (TheStreet) -- Shares of Cigna (CI) were advancing in late-morning trading on Friday as the government is open to hearing settlement offers from the health insurer and Anthem (ANTM) in an antitrust case regarding the companies' proposed $45 billion merger, according to Bloomberg.

Anthem stock was trading higher this morning as well.

U.S. District Judge Amy Berman Jackson said at a hearing today that the trial will likely start in November, Bloomberg reports. Jackson added that she's unable to...