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MGLN

Magellan Health

$71.36 /

+6.31 (+9.70%)

11:20
02/20/19
02/20
11:20
02/20/19
11:20

Magellan Health jumps 8% after Reuters says exploring sale

Magellan Health is exploring a sale of the company amid pressure from activist Starboard Value, Reuters reports, citing people familiar with the matter. Magellan is being advised by Goldman Sachs and is in the early stages of considering takeover interest, sources told Reuters. Shares of Magellan Health jumped 8%, or $5.11, to $70.13 following the report. Reference Link

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