Cigna Corp. and Express Scripts Holding Co. shareholders overwhelmingly supported Cigna’s $54 billion purchase of the pharmacy-benefit manager, a deal that activist investor Carl Icahn initially sought to block. The deal received the backing of about 90% of Cigna shareholders, the health insurer said Friday, citing a preliminary vote tally. Of the Express Scripts shareholders who voted Friday, 99% approved the deal.

Source: Wall Street Journal August 24, 2018 15:09 UTC