Rumors Around Humana Interested In Buying Centene

by Vandana Singh, Benzinga Editor

September 17, 2021 12:07 PM | 1 min read | Make a Comment

Rumors are swirling, again, that Humana Inc HUM is interested in buying Medicaid managed-care company Centene Corp CNC.
The speculation is based on chatter that a Humana private jet was spotted near Centene's headquarters in St. Louis, StreetInsider reported.
The takeover speculation is in the air for the second time.
In June 2019, Humana issued an SEC filing to shut down speculation that it intended to purchase Centene.
At the time, Centene was looking to an insurer WellCare Health Plans, in a deal valued at $17.3 billion.
The deal closed in early 2020.
Price Action: CNC stock is up 3.91% at $64.00, and HUM stock is up 1.59% at $405.51 during the market session on the last check Friday.