An investor group purchased AmeriCare Health.
The Bellevue health-care organization announced it has been bought by a group of California investors for $137 million. AmeriCare, which was the fifth-largest publicly traded health maintenance organization with offices in Bellevue and Spokane, Wash., becomes a privately held corportation under the takeover agreement. The buyers, which offered shareholders $13 a share for the approximately 10 million shares outstanding, include Merrill Lynch Interfunding Inc., Sutter Health System, Med Pacific Ltd. and members of AmeriCare’s current management.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
