A merger between Cigna and Humana that would have created a gigantic $140 billion healthcare conglomerate has been called off

• Cigna and Humana called off a potentially massive merger.
• The deal between the two companies would have created a $140 billion conglomerate.
• Cigna still believes a merger with Humana has merit, The Wall Street Journal reported.

Cigna is giving up on its merger with Humana, which would have created a healthcare giant worth $140 billion, according to reports.

The deal between Cigna and Humana would have created a massive conglomerate that would have helped it compete with the nation's largest healthcare company UnitedHealth Group, which has a market value of about $500 billion, Business Insider previously reported.