CIGNA to Aquire Great-West Healthcare

November 30, 2007

Aquisition is inclusive of Great-West Healthcare portfolio of health and group insurance offerings.

CIGNA announced on November 26th that it has signed a definitive agreement to acquire Denver, Colorado based Great-West Healthcare.

"Great-West Healthcare will be a significant addition to CIGNA. Great-West Healthcare's talented team of employees has built the company's reputation for strong service and innovation, and we look forward to welcoming them to CIGNA," said H. Edward Hanway, CIGNA chairman and CEO. "Great-West Healthcare's capabilities clearly complement our own. This transaction will broaden our distribution reach and provider network in key geographic areas of the country, particularly the Western regions of the United States, and expand the range of health benefits and products we offer employers and their employees."

Expected closing transactions and regulatory approval is expected to be finalized during the first half of 2008.

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