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Health Care Co. Hid $1B Tax Debt Before Merger: Investors

Tiomkin Law Offices of Elliott Tiomkin > Legal News  > Health Care Co. Hid $1B Tax Debt Before Merger: Investors

Health Care Co. Hid $1B Tax Debt Before Merger: Investors

A pair of pension funds investing in health care company Centene sued the company Friday, claiming it concealed financial problems with its $6.8 billion acquisition of Health Net, including Health Net’s liability for over $1 billion in California taxes.

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