West Penn Says Highmark Breached Terms Of $475M Merger

Law360, Philadelphia (October 17, 2012, 7:08 PM EDT) -- In the ongoing fallout of its collapsed $475 million merger with Highmark Inc., the financially ailing West Penn Allegheny Health System accused the insurer Tuesday of violating the terms of a year-old affiliation agreement designed to serve as the blueprint for their union.

In counterclaims filed as part of a suit launched by Highmark on Oct. 2 seeking to prevent West Penn from courting other partners, West Penn alleged that the insurer breached their 2011 affiliation agreement by attaching new conditions that required West Penn to...
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