The Obama administration is preparing lawsuits seeking to block two mega health care mergers, potentially scrambling the insurance industry's plans for swift consolidation, according to a government official who has been briefed on the matter.
The Justice Department is weighing court action against Anthem's $48 billion acquisition of Cigna and Aetna's $37 billion acquisition of Humana, said the official, who is not authorized to speak publicly about the government's approach.
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