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tdp2664 E money daily WellPoint (NYSE:WLP) has finalized its deal for CareMore. WellPoint (NYSE:WLP) Closes Deal WellPoint (NYSE:WLP), the largest health insurer on membership basis, announced that it completed the acquisition of CareMore Health Group, the Medicare specialist. The deal is valued at $800 million. CareMore, which specializes in providing Medicare Advantage plans and Special Needs plans for the elderly and the chronically ill, will now function as a fully-owned operating division of WellPoint (NYSE:WLP). The deal will help WellPoint to expand the CareMore model both within the Group's existing markets and to WellPoint (NYSE:WLP) markets across the country. WellPoint (NYSE:WLP) stocks were at 63.5 at the end of the last day’s trading. There’s been a -18.0% movement in the stock price over the past 3 months. WellPoint (NYSE:WLP) Analyst Advice Consensus Opinion: Moderate Buy Mean recommendation: 1.74 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.68 Zack’s Rank: 9 out of 18 in the industry
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