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Regulators in Maryland, Delaware and Washington, D.C., are bracing for a difficult review of WellPoint Health Networks' $1.3 billion acquisition of rival CareFirst BlueCross BlueShield. Insurance commissioners in each state must approve the Blues plans conversion to for-profit status before the deal can close, but local interests particular to each state, and political sensitivities in all three jurisdictions complicate the process.
November 27, 2001 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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