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Monday, May 6, 2019

Centene spokesperson tells Bloomberg committed to deal for WellCare

A Centene (CNC) spokesperson told Bloomberg in an emailed comment that the company is committed to going through with its agreement to acquire WellCare (WCG). The comment was issued after Reuters’ Carl O’Donnell and Svea Herbst-Bayliss reported earlier this afternoon that hedge funds Corvex and Sachem Head Capital have built stakes in Centene and may oppose the company’s agreement to buy WellCare.

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