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APR 02, 2013 - Washington Business Journal

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Centene to sell $15 million in stock

Centene Corp. plans to sell up to $15.3 million worth of its common stock to fund an escrow account for its planned acquisition of AcariaHealth. Managed care provider Centene filed a registration statement for the offering Monday with the Securities and Exchange Commission. Centene officials said in a filing Tuesday that Morgan Stanley & Co. will act as sales agent for the stock offering. In January, Centene agreed to buy Specialty Therapeutic Care Holdings Inc., which does business as AcariaHealth,…

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