Humana (HUM) would consider a deal to buy Centene (CNC), but only if Centene dropped its planned acquisition of WellCare (WCG) and it could proceed on a friendly basis, sources reportedly told StreetInsider. The Fly notes that 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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