Towers Watson To Buy Extend Health In $435M Deal
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http://www.wsj.com/articles/DJFVW00020120514e85etp8jr
Towers Watson To Buy Extend Health In $435M Deal
WSJ Pro
May 15, 2012 12:00 am ET
Towers Watson & Co. has agreed to acquire health-care insurance services provider Extend Health Inc. in a roughly $435 million deal that it expects will expand its retiree benefit business.
Extend Health, operator of a private Medicare exchange, was backed by investors including Psilos Group and Revolution Health Group. The company filed for an initial public offering in January.
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