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Article: John Deere Health Care sold.
- Article from:
- Waterloo Courier (Waterloo, IA)
- Article date:
- December 6, 2005
CopyrightCOPYRIGHT 2005 Waterloo Courier. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Pat Kinney
Dec. 6--MOLINE, Ill. -- Deere & Company announced today it is selling its wholly-owned managed care subsidiary, John Deere Health Care, to UnitedHealthcare of Minneapolis --- the second largest health insurer in the United States.
Deere said it has signed a definitive agreement to sell John Deere Health Care, Inc. i a $500 million stock transaction expected to close by April 1, pending regulatory approvals
Both Deere and United officials said there would be no immediate changes to the John Deere Health Care office operation near the Waterloo Regional Airport, the John Deere Clinic on South Hackett Road or the health care ...