Aetna completed two acquisitions that it had previously announced -- Genworth Financial's Medicare supplement business and PayFlex Holdings Inc.
Aetna Finalizes Two Acquisitions Totaling $492 Million
Published on October 4, 2011
Aetna announced in June it was planning to buy Genworth's Medicare supplement business, Continental Life Insurance Co. of Brentwood, Tenn., for $290 million which it financed with available resources.
In July, Aetna said it planned to buy PayFlex Holdings, a health plan administrator, for $202 million.
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