Health insurer WellPoint Inc. on Tuesday announced that it would sell its online contact lens business 1-800 Contacts to private equity firm Thomas H. Lee Partners for an undisclosed sum. WellPoint bought 1-800 Contacts for about $900 million.
WellPoint Inc
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According to Zacks, the health insurance industry is “thriving under stress”.
Bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies.
