GuideWell Mutual Holding, parent of Blue Cross and Blue Shield of Florida, has closed on its acquisition of Triple-S Management, a health care services company in Puerto Rico.
GuideWell acquired all outstanding shares of Triple-S Management common stock for $36 per share in cash. Combined, the companies now serve more than 46 million people in 45 states and Puerto Rico.
Triple-S Management serves more than 1 million customers in Puerto Rico, which represents nearly one-third of the island’s population. Read more.