McDonald’s shares hit all time high, possible delay for Cigna-Anthem Merger

INDIANAPOLIS (WISH) – McDonald’s shares hit an all time high on Monday, and another possible delay for the Cigna-Anthem merger.

McDonald’s shares may have hit an all time high because the restaurant chain may have just found their newest hit product.  The chains gilroy garlic fires, a limited-time menu item in the San Francisco Bay area, have sold out.

McDonald’s said their next step is to expand the fries beyond the four stores in the San Francisco area.

In other business news, Cigna is warning that its buyout by Indianapolis based Anthem may not happen this year because the shares of both companies declined.

An analyst told the insurance journal that the delay could be a sign of trouble for the deal, which is one of two pending health insurance combinations being judged by regulators. Regulators have expressed concern about further concentration of the healthcare industry.

For more business headlines with Jane King at the Nasdaq, watch Daybreak Monday through Friday.