"Blue Cross Blue Shield Louisiana Halts Transaction Plans and Hearing in Last-Minute Decision"

1 min read
Source: WAFB
"Blue Cross Blue Shield Louisiana Halts Transaction Plans and Hearing in Last-Minute Decision"
Photo: WAFB
TL;DR

Blue Cross and Blue Shield of Louisiana has decided to pause its acquisition plans and withdraw its plan of reorganization with Elevance Health, prompting the cancellation of a Louisiana Department of Insurance hearing. The Louisiana Attorney General, Liz Murrill, has issued a statement on the matter, and more information about the withdrawn transaction can be found on the WAFB website.

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