LOUISVILLE, Ky -- The Humana-Aetna merger is officially ended.
The two health insurers reached a mutual decision to dissolve the deal. It came after federal judge rejected the merger three weeks ago, over antitrust concerns.
A statement from Aetna's CEO this morning said that they continue to believe a combined company would create greater value for consumers.
Humana is entitled to a $1 billion fee because of the break-up. Money that could be used to seek another merger partner.
Humana officials plan a conference call for this afternoon with investors and Wall Street executives to plan its next course of action.