Amerigroup (AGP) has delayed a shareholder vote on its $4.5B acquisition by WellPoint (WLP) by...

|By:, SA News Editor

Amerigroup (AGP) has delayed a shareholder vote on its $4.5B acquisition by WellPoint (WLP) by two weeks, and will now hold it on Oct 23. The postponement comes after investors sued Amerigroup's board, arguing that adviser Goldman Sachs (GS) was "hopelessly conflicted" and pushed Amerigroup into a deal with WellPoint over a more lucrative bid from another suitor. Amerigroup is also now open to a better offer.