NU Online News Service, Sept. 27, 3:05 p.m. – WellPoint Health Networks Inc., Thousand Oaks, Calif., and CareFirst Inc., Owings Mills, Md., say they will spend 60 days rethinking plans that call for WellPoint to acquire CareFirst through a $1.3 billion merger.
Maryland insurance regulators recently received a report from consultants suggesting that WellPoint ought to be paying between $1.38 billion and $2.25 billion for CareFirst.