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COPYRIGHT 2005 American Lawyer Media L.P.
Coventry Health Care, Inc., made its plans for the new year last fall. The Bethesda, Maryland-based managed health care company announced on October 14 that it had agreed to acquire First Health Group Corp., its Downers Grove, Illinois-based rival, for $1.8 billion in cash and stock. Coventry currently operates in the Midwest, Mid-Atlantic, and Southeast, while First Health operates nationally.
The buyer will issue 0.1797 shares of its common stock and...
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