- Centene (CNC) agrees to acquire a ~68% interest in U.S. Medical Management, a provider of in-home health services, for $200M in cash and stock as it continues to expand its stable of services.
- In conjunction with the deal, CNC also is forming a new healthcare enterprise holding company that will connect it and other health solution providers.
- CNC expects the deal to add $0.02-$0.05 to EPS next year and $0.20-$0.25 in 2015, and add annual revenue of $220M-$240M.
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From other sites
at Nasdaq.com (Feb 9, 2015)
at Benzinga.com (Feb 5, 2015)
at CNBC.com (Jan 15, 2015)
at CNBC.com (Jan 7, 2015)
at Benzinga.com (Jan 6, 2015)
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