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January 15, 2005
MAGELLAN EXPECTS $50 MM GAIN ON AETNA ASSET SALE
Magellan Health Services (Farmington, CT) said it expects to record a $50 million one-time gain associated with the sale of certain assets to Aetna (MHMR, Dec. 15). Magellan will simultaneously repay a $49 million note to Aetna when the deal closes on Dec. 31, 2005.
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