Shareholders will get their say this week on two proposed health insurer mergers: Aetna’s $37 billion offer for Humana, and Centene’s $6.3 billion bid for Health Net.
The major independent proxy advisors, Institutional Shareholders Service (ISS) and Glass Lewis & Co., have given both deals a green light, and Aetna and Humana investors are scheduled to vote on Monday afternoon. Centene and Health Net shareholders will cast their ballots Friday afternoon.
The votes, which come three months after the deals were announced, are an important step in the process. However, regulatory approval for the transactions deals is expected to extend well into 2016.For the full article click here
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