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Magellan Health Inc (MGLN.OQ)

MGLN.OQ on NASDAQ Stock Exchange Global Select Market

74.35USD
24 Feb 2017
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Fri, Feb 24 2017

BRIEF-Magellan Health reports Q4 earnings per share $1.50

* Magellan Health reports fourth quarter 2016 and full year financial results

BRIEF-Magellan Health enters into credit agreement that provides for a $200 mln delayed draw term loan

* Magellan Health Inc - On January 10, 2017 co entered into a credit agreement that provides for a $200.0 million delayed draw term loan - SEC filing

BRIEF-KNF allows for re-materialization of Magellan's shares

Nov 23 Polish Financial Supervision Authority (KNF):

BRIEF-Magellan Health provides 2017 financial guidance

* Magellan Health Inc - expects cash flow from operations in range of $186 million to $220 million in 2017

BRIEF-Magellan Health to acquire Veridicus Holdings

* Closing of transaction is expected before end of year and is not subject to Hart-Scott-Rodino Ac

BRIEF-Magellan Q3 net profit down at 9.9 mln zlotys yoy

* Q3 revenue 40.0 million zlotys ($9.9 million) versus 40.6 million zlotys year ago

BRIEF-G. Scott Mackenzie appointed to Magellan Health board of directors

* G. Scott Mackenzie appointed to Magellan Health board of directors

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