Centene (CNC), WellCare (WCG) Report Approval of Pending Transaction by New York State Insurance & Healthcare Departments

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Go back to Centene (CNC), WellCare (WCG) Report Approval of Pending Transaction by New York State Insurance & Healthcare Departments

Centene and WellCare Announce Approval of Pending Transaction by New York State Insurance and Healthcare Departments

October 22, 2019 6:00 AM EDT

ST. LOUIS and TAMPA, Fla., Oct. 22, 2019 /PRNewswire/ -- Centene Corporation (NYSE: CNC) ("Centene") and WellCare Health Plans, Inc. (NYSE: WCG) ("WellCare") today announced that the New York Department of Financial Services and Department of Health have each approved Centene's pending indirect acquisition of New York domiciled WellCare insurance subsidiaries, bringing the total number of states to approve the transaction to 25.

"We are pleased that the New York State Department of Financial Services and Department of Health have joined 24 other states in issuing approvals," said Michael F.... More