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Cigna (CI) agrees to acquire American Financial Group's (AFG) supplemental health insurance...
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Thursday, May 10, 2012, 5:52 PM ETCigna (CI) agrees to acquire American Financial Group's (AFG) supplemental health insurance group for ~$295M in cash. CI says the deal provides significant opportunities for growth; AFG expects an after-tax gain of $95M-$105M from the sale, which is expected to close in H2 2012.
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