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Thursday, December 30, 2021

Equity Corporate Actions Alert #2021 - 297
(UPDATED: Merger closed) Information Regarding the Merger of Magellan Health, Inc. (MGLN)

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  • Industry Announcement

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At a special meeting held on March 31, 2021, shareholders of Magellan Health, Inc. (MGLN) approved the proposed merger with Centene Corp (CNC). The merger closed prior to the market open today, January 4, 2022. In anticipation of the closing, the stock was halted immediately following the after-hours session at 8 p.m. on January 3, 2022. The stock will remain halted on the day of closing (January 4th) and will be suspended effective January 5, 2022. The details are as follows:

Company Name/Issue: Magellan Health, Inc. Common Stock
CUSIP#: 559079207
Symbol: MGLN
Last Trading Date: January 3, 2022
Marketplace Effective Date for Suspension: January 5, 2022
Merger Consideration: $95.00 for each share held.

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