Talks of possible merger of Blue Cross, Cambia officially end
Blue Cross Blue Shield of North Carolina and Cambia Health Solutions have "ended their pursuit" of a merger, the companies announced Friday.Posted — Updated
Had the merger gone through, Cambia and Blue Cross would have entered into a long-term management services agreement. The companies had agreed to share management, administrative, operational and other corporate services under the name of Cambia Health Solutions, based in Oregon.
Conway resigned as CEO on Sept. 25.
On Sept. 27, days after Conway's resignation, Cambia and Blue Cross announced the merger plan was on hold.
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