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Magellan Health to acquire Senior Whole Health


Thursday, 13 Jul 2017 06:30am EDT 

July 13 (Reuters) - Magellan Health Inc ::Magellan Health to acquire Senior Whole Health.Under terms of agreement, Magellan will acquire SWH, a privately held company, for approximately $400 million.Magellan Health Inc - Magellan anticipates paying purchase price from proceeds of new debt offerings.Magellan Health Inc - ‍magellan anticipates paying purchase price from proceeds of new debt offerings​.Magellan Health Inc - Magellan expects full year 2017 revenue for swh of approximately $1 billion and segment profit of approximately $60 million.Says ‍agreement is inclusive of a $10 million contingent payment​.