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In Brief: Columbia/Value Health

Executive Summary

Columbia/Value Health: Value Health subsidiary Value Behavioral Health sells its 50% interest in the Massachusetts Behavioral Partnership to partner FHC Options, resulting in dissolution of preliminary injunction enjoining the merger between Columbia/HCA and Value Health ("The Pink Sheet" July 7, T&G-2). Value Health shareholders approved the merger June 18. The companies expect the deal to close in July, "as soon as regulatory matters concerning the State of California Department of Corporations are resolved," Value Health says...

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