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WellPoint buying Amerigroup for about $4.46B

Kansas City Star, July 9, 2012

Health insurer WellPoint Inc. is buying managed care provider Amerigroup Corp. for about $4.46 billion in cash, saying the deal will help it better serve Medicaid participants. Amerigroup manages publicly-funded health programs like Medicaid, the state-federal program that provides coverage for the needy and disabled. It operates in 13 states, including Texas, Florida, New York and New Jersey.