October 31, 2017
Weil advised Magellan Health, Inc. in its definitive agreement to acquire Senior Whole Health, a healthcare company focused on serving complex, high-risk populations, providing both Medicare and Medicaid dual-eligible benefits to more than 22,000 members in Massachusetts and New York. Under the terms of the agreement, Magellan acquired Senior Whole Health, a privately held company, for $400 million cash, inclusive of a $10 million contingent payment. The transaction closed October 31, 2017.
The Weil team that advised Magellan Health was led by Mergers & Acquisitions partner Raymond Gietz and included Banking & Finance partner Douglas Urquhart; Capital Markets partner Corey Chivers; Tax partner Helyn Goldstein; Executive Compensation & Benefits partner Amy Rubin; Mergers & Acquisitions associates Giancarlo Ruscio and Geoffrey Weinberg; Banking & Finance associates Justin D. Lee and Alice Pang; Capital Markets associate Janeane Ferrari; Tax associate Eric Remijan; and Executive Compensation & Benefits associate Aaron Cha.