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Centene to use borrowings under facilities to help fund acquisition
By Tali David
Minneapolis, Jan. 14 - Centene Corp. plans to use borrowings under its existing credit facilities to help fund its acquisition of Specialty Therapeutic Care Holdings, Inc., according to a press release.
The company will also use Centene common stock and cash on hand to fund the $152 million purchase.
Centene is a St. Louis-based health care company.
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