Humana-Aetna Call Off Merger

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.

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