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Tuesday, March 26, 2019

Centene held takeover talks with WellCare, Bloomberg reports

Centene (CNC) has held talks about a potential acquisition of WellCare Health Plans (WCG), Bloomberg’s Ed Hammond reports, citing people familiar with the matter. There’s no certainty that discussions will lead to a deal, Hammond notes. Following the news, Centene shares rose 3.7%, while WellCare shares surged nearly 15%.

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