BRIEF-Molina Healthcare To Acquire Connecticare-February 2024-www.financetom.com

BRIEF-Molina Healthcare To Acquire Connecticare

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BRIEF-Molina Healthcare To Acquire Connecticare

Jul 23, 2024 6:40 AM

July 23 (Reuters) - Molina Healthcare Inc ( MOH ):

* MOLINA HEALTHCARE TO ACQUIRE CONNECTICARE

* MOLINA HEALTHCARE INC ( MOH ): PURCHASE PRICE FOR TRANSACTION IS

$350

MILLION

* MOLINA HEALTHCARE INC ( MOH ): INTENDS TO FUND PURCHASE WITH CASH

HAND

* MOLINA HEALTHCARE INC ( MOH ): TRANSACTION EXPECTED TO ADD $1.00

PER

SHARE TO NEW STORE EMBEDDED EARNINGS

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