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Social Capital Hedosophia III (IPOC) to Combine with Clover Health

clover-health

Social Capital Hedosophia III (IPOC) to Combine with Clover Health

Clover Health Investments announced this morning that it had entered into a definitive merger agreement with Social Capital Hedosophia Holdings Corp. III (NYSE:IPOC) that would give the company an enterprise value of $3.7 billion. Clover is the fastest-growing Medicare Advantage health insurer among companies with at least 50,000 members. Its membership base is spread across
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