Centene CEO on offer to get psychological health business Magellan Health

Centene CEO on offer to get psychological health business Magellan Health thumbnail
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Centene stated it would purchase Magellan Health in a $2.2 billion offer, seeking to develop its psychological health services as more Americans battle with Covid-19- associated behavioral and stress and anxiety problems. Centene Chariman and CEO Michael Neidorff signs up with “Squawk on the Street” to go over the offer. For access to live and special video from CNBC register for CNBC PRO:

Health insurance company Centene stated on Monday it would purchase Magellan Health in a $2.2 billion offer, wanting to develop its psychological health services as more Americans battle with Covid-19- associated behavioral and stress and anxiety problems.

Centene has actually used $95 per share in money, a 14.7% premium to the drug store advantages supervisor’s Thursday closing cost, the business stated in a declaration on Monday.

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