MAGELLAN HEALTH TO ACQUIRE ICORE HEALTHCARE

Avon-based Magellan Health Services Inc. has signed a definitive agreement to acquire ICORE Healthcare, a privately held specialty pharmaceutical management firm. As per the agreement, Magellan will pay a base price of $210 million and a potential earn-out of $75 million to the owners of ICORE, all of whom are members of the management team.

BioSpectrum (http://www.biospectrumasia.com/content/180706OTH1148.asp)