U.S. M&A Lending Hits Record $129B

Reuters reported a half-year record of $129 billion in lending to top U.S. companies for M&A activities thanks to record fee income.

Morgan Stanley, MUFG Support Cigna $67B Express Scripts Buy

Cigna will acquire Express Scripts in a cash and stock transaction valued at approximately $67 billion, including Cigna’s assumption of approximately $15 billion in Express Scripts debt.