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Three pension funds that are investors in Coventry Healthcare (CVH) have sued to block its $5.6B...

  • Sunday, September 30, 2012, 5:51 AM ET
    Three pension funds that are investors in Coventry Healthcare (CVH) have sued to block its $5.6B acquisitions by Aetna (AET). Among other things, the funds argue that Coventry's shareholders are receiving a premium of just 20%, far less than premiums in other similar deals, which are as much as 43%.
     
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