From Freddie Gray neighborhood and beyond, bewilderment follows dismissal of charges

Aetna Inc.

Anthem acquiring rival Cigna in $54.2 billion deal

Anthem acquiring rival Cigna in $54.2 billion deal

Anthem is buying rival Cigna for $48 billion in a deal that would create the nation's largest health insurer by enrollment, covering about 53 million U.S patients.

In just three weeks, starting with Aetna's $35 billion bid for Humana Inc. on July 3, the landscape of U.S. health care has been altered in a buyout frenzy that could transform five massive U.S. health companies into just three, including UnitedHealth Group.

Companies that provide coverage are adjusting to the national health care overhaul and must contend with slow growth in employer-sponsored health insurance, a massive chunk of the health care market.

The deal announced Friday is valued at $54.2...