West Penn Hit With Injunction In $475M Highmark Merger Row

Law360, Chicago (November 13, 2012, 5:49 PM EST) -- A Pennsylvania judge granted Highmark Inc.'s bid for a preliminary injunction against West Penn Allegheny Health System Inc. on Friday in its suit over the deterioration of the companies' $475 million merger deal, barring West Penn from courting other merger offers.

State court Judge Christine Ward found the health insurer had not breached its October 2011 affiliation agreement with West Penn, aimed at creating an integrated health care financing and delivery network in western Pennsylvania. Highmark will likely succeed on its claim that West Penn therefore...
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