About This Deal

UNITEDHEALTH GROUP INC acquired Sierra Health Services, Inc. for $43.50 per share in cash; total equity value approximately $2.6 billion, a transaction announced in March 2007, structured as all cash.

Sierra Health Services, Inc. operates in UnitedHealthcare, is based in Las Vegas, Nevada, USA (Southwest). Sierra Health Services was a Las Vegas-based managed care company serving the fast-growing US Southwest, with a strong senior/Medicare presence.

Strengthening UnitedHealth Group's position in the fast-growing Southwest and broadening senior health capabilities in a region attractive to retirees.

Leading regional franchise in a high-growth retiree market. Expected accretion of about $0.04 per share in the first year; financial synergies of up to $30 million; termination fee about $85 million. UnitedHealthcare

Deal Terms

Acquirer
UNITEDHEALTH GROUP INC
Target
Sierra Health Services, Inc.
Value
$43.50 per share in cash; total equity value approximately $2.6 billion
Date
March 2007
Type
Full acquisition
Status
Ready

Transaction Details

Target HQ
Las Vegas, Nevada, USA (Southwest)
Segment
UnitedHealthcare
Structure
All cash
Announced
March 12, 2007
Synergies
Expected accretion of about $0.04 per share in the first year; financial synergies of up to $30 million; termination fee about $85 million.

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗ · SEC filing ↗

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