cigna closed at 185.30. express scripts at $86 even.oardamed a special committee to evaluate taking that company private. is follows recent tweets from ceo and founder elon musk who said he wantso take tesla private at $420 a share and that funding was, quote, secured, but there are reports that the sec is looking into tccuracy of musk's statements. shares dropped more than 2% to 347.64. w the fbi isning banks about a potential worldwide atm hacking scheme.co ing to a cybersecurity blog, hackers can use malware ta acce bank or payment card processor to steal data and then use thatle s information to withdraw large amounts of cash from atms worldwi. charles henderson is the global managing partner with ibm xforce red a team of hackers who help companies uncover vulnerabilities in their own security systems. >> thanks for joining us tonight. >> thank you for having me. >> is this a new vulnerability we're heariut? what do you make of this warning from the fbi? >> so at its core, the fbi is addressing a lack of care and feedingn the at wor

cigna is too cheap on valuation. the stock got crushed earlier this year and if you got etna close to 18 times and you have to love cigna. in terms of a value play, i think it's cigna all the way >> okay. >> that's it you don't want to ask, pete, karen or steve >> i was wait for example someone to offer something up and there were crickets. >> crickets. >> molina, humana and a giant in the space and u.s. cigna probably would trade up. >> right reports icahn could shake up the cigna express merger sent the options market into a frenzy mike ko out in san francisco with more. >> we did see four times the average daily put volume in express scripts. some of it was interesting because we did see a buy of over 4,000 of the weekly 79 puts and that was before this news came out. those are obviously profitable already and we saw about a thousand august 70 puts which, obviously s an indication that the stock is going to be going lower after this news. >> yeah. mike, sorry. i didn't realize my microphone was open and i didn't mean to distract you there >> no. that's quite all right >> mike ko, outside in san francisco. live televi

. ♪ haveet: cigna shareholders approved the merger with express scripts which should close by the endf the year. merger caused carl icahn to halt his opposition. great to speak with you. you call this a defensive deal. we know that the deal will be immediately and highly accreted from a financial's -- financial standpoint. what could it do better now that it could not a year ago? >> the landscape is transforming. signal -- cigna is making a bid to be one of the big four, if not the big five. unitedhealth group, they have shown the way with an integrated performance scale. they are five times the size of cigna with the medical and pharmacy benefits manifest -- manager. they are moderating health care costs, getting outside share gains. we have at night in a bid to .erge with cvs that is a big deal cigna has to contend with. anthem is building out an in-house pharmacy benefits manager. we will have again a platform at scale across medical and pharmacy. cigna is a $45 billion company. something. to do investors hoped they would buy or merge with humana. the antitrust stance was unclear.

cigna was overpaying. bain capital private equity has agreed to purchase esurer. a 72% premiumg over friday's closingn bridgewater associates has maintained their position in gold. 5% intal fell more than the second quarter. that is your bloomberg business flash. alix: thank you so much. we turn to wall street beats, covering three things on wall street. first up, goldman's european affair. goldman sachs is legal and financial trouble. the never ending lehman short. making millions when lehman went bust decades ago, but still does not have all of his profit. an inside look at the elite world of orting schools. -- boarding schools. david: joining us now is jason kelly, bloomberg's new york bureau chief. let's start with goldman sachs. childis this large prodigy that made a lot of money and lost it repeatedly. goldman got burned. jason: this is the most read story over the last day on the bloomberg. this is the closest thing to click they. -- click bait. david: don't say that. we never do that. guy as you saya made a lot of money, went bankrupt before he was 30. the story starts when he came in on a ya

cigna is a very well run company and express scripts does okay. this combination is better when this deal closedtrue competitor. anthem, they all have good numbers but this is a great combo. >> we'll see what icahn chooses to do. my understanding is he has not made it clear to the company he is going to actually oppose. so he may be making some money anyway there are times when carl sees is being as an opportunity potentially simply to make money, not necessarily to move in full opposition not that he won't here but let's not forget he did start -- in this case he is buying the buyer is he not playing it from that perspective. >> look, i think that a lot -- i think it is important that you distinguish, a regular press which i denigrate is saying, it is going to be a battle royal, like it is going to be fortnight or something >> we just don't know. his numbers are not that significant in terms of what he owns to -- >> is it campbell's soup like? >> that's going to be more interesting. >> what? >> i think campbell's soup -- >> you think kraft decides to knock on the door? >> i think the board is g

closing bell today what to expect straight ahead. >>> breaking news. carl icahn calling to block the $54 billion tieup of cigna express scripts. the letter sent to shareholders coming up. >>> new this morning, president trump tweets about the reimposed sanctions on iran. the move in oil markets straight ahead. >>> plus "squawk box" gets crafty shares of online marketplace etsy moving higher we'll talk to the ceo live on cnbc as the second hour of "squawk box" begins right now. ♪ >>> live from the beating heart of business, new york, this is "squawk box. >> good morning. welcome back to "squawk box" on cnbc i'm andrew ross sorkin along with wilfred frost in for joe today. becky is out our guest host this morning, stephanie link from nuveen happy to have you aboard >> thanks for having me. >> the goodship "squawk box" this morning we want to show you equity futures this morning we do have green arrows across the board. dow would open up 90 points higher s&p 500 looking to open about seven points higher. check out the price of oil if you want to buy a -- buy it by the barrel. barrel of wti will cost you about $69

cigna's plan to buy express scripts for $54 billion. now what? he is on the show with trish, 2:00 p.m. this afternoon, the billionaire, mr. icon. >>> coming up ohio's special election too close district that was all-in for trump in 2016. maybe that shows the republicans have an uphill battle to keep control of the house in november. we're going to ask ohio congressman jim renacci about that after this. ♪ fact is, there are over ninety-six hundred roads named 'park' in the u.s. it's america's most popular street name. but no matter what park you live on, one of 10,000 local allstate agents knows yours. now that you know the truth, are you in good hands? you shouldn't be rushed into booking a hotel. with expedia's add-on advantage, booking a flight unlocks discounts on select hotels until the day you leave for your trip. add-on advantage. only when you book with expedia. ♪ stuart: oh, yes. this is "twist and shout." whether you played it in your living room, you didn't want your parents to hear because this -- ashley: getting out of control. junk stuart varney. stuart: no, no. john lennon was getting hoarse singing this he was screaming it out. you didn't want your parents to