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Fly News Breaks for September 14, 2015
CNC, HUM, AET, WCG
Sep 14, 2015 | 14:01 EDT
Sterne Agee's analysis of likely required Medicare Advantage, or MA, member divestitures as a result of the Aetna (AET) acquisition of Humana (HUM) indicates Centene (CNC) could add 273K lives and WellCare (WCG) 149K lives. Due to WellCare's balance sheet position, the firm sees 50c in earnings accretion with a modest 10c earnings accretion for Centene.