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According to Reuters, Magellan Health (MGLN) seeking strategic alternatives

  • February 20, 2019


StockMagellan Health, Inc.SymbolMGLN
Date Announced02/20/2019Source Reuters
TypeNews Report
Date of Confirmation: 01/04/2021Price at Confirmation: $82.84
Potential Profit: 17.75%Annualized Profit: 9.47%

U.S. healthcare plan and pharmacy benefits manager Magellan Health Inc (MGLN) will explore selling itself after coming under pressure to do so from activist hedge fund Starboard Value LP, people familiar with the matter said on Wednesday.


June 26, 2019: Managed-care provider Magellan Health Inc. (MGLN) is in exclusive talks for a possible sale to private-equity firm Centerbridge Partners LP, according to people familiar with the matter.

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