Amerigroup Corp. News

WellPoint Inc. can move forward with its $4.5 billion purchase of health insurance rival Amerigroup Corp after Amerigroup alleviated antitrust concerns by selling operations in Virginia, the U.S. Justice Department said on Wednesday. Without the sale, the combined company would …

Health insurer WellPoint Inc. will buy rival Amerigroup Corp. for about $4.46 billion to create a company that will serve 4.5 million beneficiaries of Medicare and Medicaid health care programs. The $92-per-share cash offer, which represents a premium of 43 …