Humana (HUM) agrees to acquire Metropolitan Health Networks (MDF) in a deal valued at $850M plus...

|About: Humana Inc. (HUM)|By:, SA News Editor

Humana (HUM) agrees to acquire Metropolitan Health Networks (MDF) in a deal valued at $850M plus transaction costs. The offer of $11.25/share represents a premium of 3.7% over Metropolitan's closing price of $10.85 on Friday, when it had a market cap of $480.3M. Humana will also repay Metropolitan's deb. (PR) (Humana's Q3 results)