Molina Healthcare (MOH) Reports Acquisition of Magellan Complete Care for Approx. $820M
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Molina Healthcare to Acquire Magellan Complete Care
April 30, 2020 4:15 PM EDTAdds Strategically and Financially Attractive Assets to Portfolio
Enters Three New States, Arizona, Massachusetts, and Virginia, and Expands into New York City
Maintains Continuity of Care for Magellan Complete Care Members and Stability for State Partners
LONG BEACH, Calif.--(BUSINESS WIRE)-- Molina Healthcare, Inc. (NYSE: MOH) (Molina) announced today that it has entered into a definitive agreement to acquire the Magellan Complete Care (MCC) line of business of Magellan Health, Inc. The purchase price for the transaction is approximately... More
