Humana deal rumors brew (again) as hedge funds consider fighting mega deal

Rumors are again rumbling around Louisville-based health care and insurance company Humana Inc. as two hedge funds mull opposing a health insurance mega-merger. Newswire service Reuters reported Monday that two hedge funds — Corvex Management LP and Sachem Head Capital Management LP — may oppose St. Louis-based Centene Corp.'s proposed $17.3 billion acquisition of Tampa, Fla.-based WellCare Health Plans Inc. Both companies are giants in the commerc ial and government-backed health plan…
Source: bizjournals.com Health Care:Biotechnology headlines - Category: Biotechnology Authors: Source Type: news