UPDATE 1-U.S. appeals court blocks Anthem bid to merge with rival Cigna
April 28, 2017 at 11:32 AM EDT
WASHINGTON, April 28 (Reuters) - A U.S. appeals court blocked health insurer Anthem Inc's bid to merge with Cigna on Friday, upholding a lower court's decision that the $54 billion deal should not be allowed because it would lead to higher prices for healthcare.