Summary
Elevance Health, Inc. (formerly Anthem, Inc.) announced the successful completion of its merger with Trigon Healthcare, Inc. on July 31, 2002. This strategic acquisition involved Trigon merging with Anthem's wholly-owned subsidiary, AI Sub Acquisition Corp. The transaction is expected to significantly expand Elevance Health's market presence and service offerings. Key financial information for Trigon Healthcare, Inc. for the years ending December 31, 2001, 2000, and 1999, as well as the unaudited financial data for the three months ending March 31, 2002 and 2001, have been filed as part of this report. This includes detailed financial statements and pro forma combined financial information reflecting the merger's impact. Investors can refer to these filings for a comprehensive understanding of the financial implications of this significant business combination.
Key Highlights
- 1Completion of the merger between Elevance Health (Anthem, Inc.) and Trigon Healthcare, Inc. effective July 31, 2002.
- 2Trigon Healthcare, Inc. merged with and into AI Sub Acquisition Corp., a subsidiary of Anthem, Inc.
- 3The filing includes detailed historical financial statements for Trigon Healthcare, Inc. for the years 2001, 2000, and 1999, as well as unaudited statements for the first quarter of 2002 and 2001.
- 4Pro forma combined financial information is provided to illustrate the expected financial position and results of operations post-merger.
- 5Three former Trigon board members were elected to Anthem's board of directors.
- 6The acquired company, Trigon Healthcare, Inc., was renamed Anthem Southeast, Inc.