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a couple multibillion dollar deals getting the cold shoulder health insurers cigna and pipeline company williams both rejecting suitors over the weekend , signal on sunday rebuffing a forty seven billion dollar takeover offer from ansem citing concerns over its larger rivals growth strategies and a massive data breach that compromises many as eighty million customer accounts in february , williams saying an unsolicited forty eight billion dollar bid from energy transfer equity significantly undervalues the company offer though prompted the natural gas company to explore other strategic alternatives which could include a merger or eventual sale rejected deals come even as merger activity stores in the u. s. through the end of may more than seven hundred fifty billion dollars in , up almost fifty percent from a year ago