Health insurer Centene to buy smaller rival WellCare for $15.27 billion

Health insurer Centene to buy smaller rival WellCare for $15.27 billion

US health insurer Centene confirmed on Wednesday that it would buy WellCare Health Plans in a cash-and-stock deal, valuing its smaller rival at $15.27 billion. The acquisition would likely reduce Centene’s dependence on the Obamacare healthcare exchanges.

KCooper
KCooper
beanie weaine
beanie weaine 1 year

No monopolies going on here.

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