Success Stories
The Merger of Highmark and Blue Cross Blue Shield of Delaware
Industry
Insurance, Regulatory, Government
Role
Represented State Regulator
Services
Transactions, Merger, Acquisition
Work Accomplished
Financial advisor to Delaware Department of Justice on the merger between Highmark and Blue Cross Blue Shield of Delaware. Valued the “nonprofit healthcare conversion” of Blue Cross Blue Shield of Delaware’s non-profit to for-profit status under a 2004 Delaware state law. Valuation size: $175M.
Please note that this client matter was performed prior to joining JWI.
