A merger to create the nation's largest health insurance company can proceed after California's insurance regulator dropped his objections to a $16.4 billion deal following an agreement by the two companies to pay hundreds of millions of dollars for state health care improvements. In the proposed deal, Indianapolis-based Anthem Inc. would acquire Blue Cross Life & Health, a California subsidiary of WellPoint Health Networks Inc.
November 11, 2004 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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