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Fly News Breaks for July 6, 2015
CNC, HNT
Jul 6, 2015 | 07:04 EDT
After Centene (CNC) agreed to acquire Health Net (HNT), Cantor says that the combined company is an attractive platform for leveraging Centene's success in Medicaid and complex care into new products and new markets. The firm adds that the deal provides Centene with substantial synergies, as well as increased geographic and revenue diversification. Cantor keeps an $85 price target and Buy rating on Centene.
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