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Cobalt Acquires Wisconsin TPA

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NU Online News Service, Jan. 2, 10:44 a.m. – Cobalt Corp., Milwaukee, a midsize managed care company, has acquired Claim Management Services Inc., Green Bay, Wis., a third-party administrator for self-funded employee benefit plans, from West Bend Mutual Insurance Company, West Bend, Wis.

The price of the deal and other terms were not available, but Cobalt says it will not be making any immediate personnel changes.