Credit Suisse’s Arrangement of Financing for WellPoint’s Acquisition of Amerigroup
July 10, 2012
On July 9, 2012, WellPoint, Inc. and Amerigroup Corporation announced that they have entered into a definitive agreement through which WellPoint will acquire Amerigroup, one of the nation’s leading managed care companies, for approximately $4.9 billion. Cravath represented Credit Suisse, lead arranger of $3 billion in committed financing to WellPoint in connection with this transaction. The acquisition is expected to close in the first quarter of 2013.
The Cravath team included partners Michael S. Goldman and William J. Whelan III and associates Katerina M. Novak and Benjamin S. Persina.
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J.D., 1987, Fordham University School of Lawcum laude
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B.A., 1984, University of Pennsylvaniacum laude
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J.D., 1983, Fordham University School of Lawcum laude
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B.A., 1980, University of Virginiawith Distinction
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