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Cigna
CI announced today it has completed its acquisition of Great
American Supplemental Benefits from American Financial Group, Inc.
AFGAFG for $305 million in cash, subject to closing adjustments.
Great American Supplemental Benefits Group, with 2011 premiums of $300 million
and more than 200,000 current customer relationships, will now do business as
Cigna Supplemental Benefits. The new business positions Cigna as one of the
largest producers, distributors and marketers of supplemental health care and
related products in the United States.
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