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Mergers & Acquisitions

Aug. 5, 2016

Sheppard Mullin advises Molina purchase of health care assets

The deal is designed to dispell antitrust concerns in the $37 billion healthcare mega-merger between Aetna Inc. and Humana Inc.

By Banks Albach
Daily Journal Staff Writer

Sheppard, Mullin, Richter & Hampton LLP is representing Molina Healthcare Inc. in a $117 million acquisition of assets from Aetna Inc. and Humana Inc., two insurance giants that announced a $37 billion merger in late July.

The deal, announced Tuesday, is a divestment centered on alleviating antitrust concerns with federal regulators.

The U.S. Department of Jus...

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