Indianapolis-Based Wellpoint to Buy Amerigroup
Wellpoint headquarters on Monument Circle (WIBC.com photo: Joe Ulery)
Indianapolis-based Wellpoint is buying Amerigroup.
Amerigroup manages programs such as Medicaid.
The deal gives Wellpoint the company for about $4.4-billion dollars cash or about $4.9-billion total.
The deal is expected to close in the first quarter of 2013, but still needs regulatory approval and the okay from Amerigroup stockholders.