Text Size: A- A+ Facebook Twitter LinkedIn YouTube

Breaking News

YouTube

SEARCH NEWS

Format: 04/16/2014
Format: 04/16/2014

News

Reuters: West Penn countersues insurer Highmark over broken deal

Tuesday, October 16th, 2012

Pennsylvania's troubled West Penn Allegheny Health System on Tuesday accused insurer Highmark Inc. of breaching a $475 million merger agreement, saying Highmark tried to force it into bankruptcy to lower debt as a condition of the planned affiliation.

The countersuit is a rebuttal to an Oct. 1 lawsuit that Highmark filed in the Pennsylvania Court of Common Pleas. Highmark is seeking to block West Penn from talking to other potential investors and claims that West Penn violated their contract by pulling out of the deal.

To read more, visit the Thomson Reuters website.

 

 

X
West Penn Allegheny Health System
Tell us who you are:

What areas do you use on our website?*
(select more than one if it applies)











Did you find what you were looking for?


Would you refer others to our website?

Can we contact you for future questions?

CAPTCHA math question:* 6 + 4 =

Thank you for completing the West Penn Allegheny Health System website survey.
We value your feedback and comments.