WellPoint Deal Triggers Predictions Of More Medicaid M&As Activity
The Wall Street Journal's Deal Journal: Goldman Predicts More Medicaid-Tied M&A After WellPoint Deal
Investors were clearly thinking the same thing Monday, when the news sent shares of Amerigroup rivals Molina, Centene and WellCare soaring. Each remains up significantly this week, with Molina up 14 percent to $26.22; Centene up 19 percent to $34.41; and WellCare up 20 percent to $63.24 (Kamp, 7/11).