Business Merger

The two health systems expect to formally close the deal this summer and begin integrating services later this year.

The president has directed the FTC to carefully consider health industry mergers that may stymie competition and drive up prices.

With the $2.1 billion acquisition of Harvest Health & Recreation finalized, Trulieve will have 149 retail locations in 11 states including Florida. Before the deal closed, Trulieve had 85 retail sites in Florida.

GuideWell expects to close on the deal in the first half of 2022 by acquiring all outstanding shares of Triple-S Management common stock for $36 per share in cash.

The two Florida-based organizations' boards of directors have formally approved the merger, pending regulatory approval.

Insurance regulators in Florida and 16 other states have approved a proposed merger between Tampa-based WellCare Health Plans and Centene Corp., the…