The deal is worth $2.8 billion, according to an April 21 news release. The transaction is expected to close in the third quarter of 2022.
Humana intends to use proceeds from the transaction for the repayment of debt and share repurchases, according to the release.
The Justice Department’s lawsuit challenging UnitedHealth Group’s planned $3.3 billion acquisition of home health company Amedisys is headed to mediation…
CareSource has closed on its acquisition of Commonwealth Care Alliance. Boston-based CCA was facing significant financial challenges, with its reserves…
Moody’s has downgraded Health Care Service Corporation’s insurance financial strength rating to A3 from A2 following the company’s acquisition of…
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