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Cobalt's new owner doesn't plan any major changes
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Cobalt's new owner doesn't plan any major changes
By JOE MANNING jmanning@journalsentinel.com, Journal Sentinel
Thursday, June 5, 2003
Health care is a local product, so WellPoint Health Networks Inc.
doesn't anticipate any major changes to running Cobalt Corp., the
Milwaukee health insurer WellPoint is purchasing for $906 million.
"Health care is locally delivered and locally consumed, and you
need people on the ground who understand the local situation to make
the...
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WellPoint to buy Cobalt; Wisconsin Blues purchase to expand reach.(News)(WellPoint Health Networks makes nearly $1 billion bid for Wisconsin health insurer Cobalt Corp)
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Wellpoint to merge with Blue Cross & Blue Shield $906 million deal brings together two major health insurers
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; THOUSAND OAKS -- WellPoint Health Networks Inc., the nation's second-largest health insurer, and Cobalt Corp., the holding company of Blue Cross & Blue Shield, announced a $906 million merger agreement Tuesday. "Cobalt has an outstanding customer-focused culture and demonstrated excellence in
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 "Wisconsin State Journal (Madison, WI)")
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WELLPOINT HEALTH WILL BUY COBALT COMPANY TO PAY $906 MILLION FOR WISCONSIN HEALTH INSURER.(BUSINESS)
Wisconsin State Journal (Madison, WI)
; Byline: Associated Press MILWAUKEE -- WellPoint Health Networks, one of the nation's biggest health insurers, is buying the Wisconsin-based insurer Cobalt Corp. for about $906 million in cash and stock. The deal would create a company with combined assets of $13 billion and 14.3 million medical
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