WellPoint (WLP) announces that it will buy Amerigroup (AGP) for $92 a share in a cash deal with...

|By:, SA News Editor

WellPoint (WLP) announces that it will buy Amerigroup (AGP) for $92 a share in a cash deal with a value of close to $4.9B. The price reps a 43% premium over the closing price for Amerigroup on Friday. The acquisition is slated to close in Q1 of 2013.