Cigna Drops Humana Merger, Opts For $10 Billion Buyback Strategy - Humana (NYSE:HUM), SPDR Select Sector Fund - Health Care (ARCA:XLV), Cigna Group (NYSE:CI), iShares U.S. Healthcare ETF (ARCA:IYH)

In a recent development in the health insurance sector, Cigna Corporation (NYSE: CI) has withdrawn from its proposed merger with Humana Inc. (NYSE:

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