Managed Care M & A Update

Healthcare, Event Driven/Special Sit


Publicly traded companies mentioned herein: Aetna Inc (AET), Anthem (ANTM), CIGNA Corporation (CI), Humana Inc (HUM), UnitedHealth Group Inc (UNH)

Highlights

The presenter said that based on any traditional antitrust measure all of the pending managed care deals should be approved. He called all of the recent negative news “political positioning,” and noted that the Anthem/ Cigna deal should be 20%+ accretive, and the Aetna/ Humana deal 20% - 25%. When asked if he had to hold just one of the four, the presenter said, “Humana because the market appears to be pricing in a 90% probability the deal goes through.”

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Idea Discussion

Commentor 1 - 2 weeks ago

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