Health insurer expands portfolio with huge acquisition

Tampa-based WellCare buys Meridian in $2.5 billion deal.

  • By Business Observer Staff
  • | 12:10 p.m. May 30, 2018
WellCare CEO Ken Burdick. Courtesy photo.
WellCare CEO Ken Burdick. Courtesy photo.
  • Tampa Bay-Lakeland
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TAMPA — WellCare Health Plans Inc. has agreed to acquire Meridian, a privately held Midwest managed care provider, for $2.5 billion in cash, pending regulatory approval.

 

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