Centene & WellCare Announce Agreement Between WellCare & Anthem To Divest Missouri & Nebraska Medicaid Plans

Centene Corporation and WellCare Health Plans, Inc. announced that, in connection with the previously announced merger agreement between Centene and WellCare, a subsidiary of WellCare has entered into a definitive agreement under which Anthem, Inc. will acquire WellCare's Missouri and Nebraska Medicaid plans. The closing of the transaction with Anthem is subject to U.S. federal antitrust clearance, receipt of Missouri and Nebraska state regulatory approvals and other customary closing conditions, as well as the closing of the Centene – WellCare transaction.

In connection with the transaction, the companies are developing a plan to ensure that there is a smooth . . .