Monday, April 09, 2007

 

Great-West Lifeco's U.S. Subsidiary Announces Agreement to Acquire Third-Party Health Plan Administrator in Montana

Great-West Lifeco Inc. today announced that its U.S. subsidiary, Great-West Life & Annuity Insurance Company, has entered into an agreement to acquire an 80% majority interest in Benefit Management Corp., whose principal subsidiary is Allegiance Benefit Plan Management, Inc., a Montana-based third-party administrator of employee health plans. The existing majority shareholder will retain a 20% interest in Benefit Management Corp.

Great-West Lifeco's U.S. Subsidiary Announces Agreement to Acquire Third-Party Health Plan Administrator in Montana
Source: Newswire.ca

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