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Express Scripts Holding (ESRX) Has Jumped To A New High After Bought By Cigna

Express Scripts Holding (ESRX) announced Thursday morning that it has agreed to be acquired by Cigna Corp. (CI) for about $67 billion in a cash and stock transaction.

Express Scripts has gapped open sharply higher this morning and is now up 10.39 at $83.81 on above average volume. The stock has leaped to a new high for the year.

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