Humana Inks $850M Deal To Buy Metropolitan Health
Louisville, Ky.-based Humana will pay MHN shareholders $11.25 per share, a nearly 4 percent premium over its stock price close Friday, for a total price of $500 million. Humana will also pick up $350 million in outstanding debt from the Boca Raton, Fla.-based company, according to the insurer.
In return, Humana will...
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