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At $68.9375, its shares are down 8.7percentthis yearar, trading for just 10 times his estimate of 2000 cash flow, low enough to prompt takeover talk.
Cigna's acquisition could prompt takeover interest for other smaller Medicare providers, including Universal American and WellCare, wrote Carl McDonald, an analyst with Citigroup, in a research note on Monday.
Others are deeply relieved, and have already earmarked my bench for a prompt takeover.
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BLOOMBERG NEWS Esprit's Tumble Prompts Takeover Speculation | Shares of Esprit Holdings fell 14 percent on Thursday after the resignations of senior officials, fueling speculation that the clothing company could be targeted for a takeover, Reuters reports.
Dairy Crest insisted it was not for sale today after German yoghurt maker Theo Müller prompted takeover speculation by disclosing that it had built a substantial stake in the UK cheese, butter and milk group.
These incidents, as well as previous accusations of incompetence by employees of tribal social services, prompted a takeover by the Bureau of Indian Affairs.
The slide in price and demand has already prompted several takeovers and mergers.
The bid would come just two weeks after HIT reached a deal to be sold to Apax Partners, a private equity firm, for £489.4 million, or about $922 million, and could prompt a protracted takeover battle.
Corruption and mismanagement soon prompted a state takeover of the entire city.
News of the takeover prompted a run on the bank that almost led to its collapse.
It was prompted by a takeover attempt by US drugs company Pfizer of UK-based AstraZeneca.
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