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How much goodwill was recorded

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Question - On December 20, 2018, Cigna Corporation (Ticker: CI) completed their acquisition of Express Scripts. Based on information that you are able to find related to this acquisition, please answer the following questions:

A. As of December 31, 2018, how much Goodwill was recorded as a result of this "Business Combination"?

B. Calculate the "trailing" Price/ Basic EPS Multiple as of both December 31, 2018 and December 31, 2019. Does the change in this multiple provide any insight regarding how the market viewed the combined company at the End of 2019, relative to how it viewed the combined company at the end of 2018? If so, what insight? Please indicate any assumptions that you are making.

Reference no: EM133127318

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