Centene Corporation Announces Pricing of Follow-On Public Offering
Centene intends to use its net proceeds of the offering for general corporate purposes, including working capital and potential acquisitions. It will not receive any proceeds from the sale of common stock by the selling stockholders.
The shares are offered through underwriters led by Thomas Weisel Partners LLC, SG Cowen Securities Corporation and CIBC World Markets Corp. Copies of the final prospectus may be obtained from Thomas Weisel Partners LLC, 390 Park Avenue, New York, New York 10022 (212/271-3700), SG Cowen Securities Corporation through ADP, 55 Mercedes Way, Edgewood, New York 11717 (631/254-7106) or CIBC World Markets Corp., 417 Fifth Avenue, 2nd Floor, New York, New York 10016 (212/667-7200).
Centene provides managed care programs and related services to individuals receiving benefits under Medicaid, including Supplemental Security Income (SSI), and the State Children's Health Insurance Program (SCHIP). The Company operates health plans in Wisconsin, Indiana and Texas.
CONTACT: Centene Corporation, St. Louis Karey L. Witty, 314/725-4477 www.centene.com or In-Site Communications Lisa Carlton Wilson, 212/759-3929 URL: http://www.businesswire.com Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page.
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