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The United States Justice Department wants additional information from both Amerigroup Corporation (NYSE:AGP) and WellPoint, Inc. (NYSE:WLP) concerning WellPoint’s $4.46 billion purchase of Amerigroup. In the meantime, the Department has extended the waiting period for the transaction’s closing, which would have expired on Wednesday. Amerigroup now believes that the deal should close in the fourth quarter.
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Brookfield Asset Management Inc. (NYSE:BAM), might well be mall operator General Growth Properties’ (NYSE:GGP) largest shareholder, but the former announced late on Thursday that it has no intention of divesting its 40 percent stake, or in acquiring the latter outright. Bill Ackman’s remarks that GGP should put itself up for sale, also on Thursday, ignited Brookfield’s comments.
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