Seeking Alpha

WellPoint (WLP) CEO Angela Braly, under fire from shareholders for the health insurer's poor...

WellPoint (WLP) CEO Angela Braly, under fire from shareholders for the health insurer's poor performance, may have bought herself time with the recent $4.9B acquisition of Amerigroup, which is due to close in 2013. With stability important, "it would be unusual to remove a CEO in the middle of a major acquisition," says business professor Erik Gordon.
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