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Executives at Blue Cross and Highmark, which have a proposed merger that would make them the largest insurer in Pennsylvania, faced questioning during a hearing concerning negotiating tactics and leverage if the merger is approved, according to The Philadelphia Inquirer.

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The deal volume in the health care provider and services sectors remains high. Financial sponsors continue to make investments related to hospitals, surgery centers and dialysis facilities. Correspondingly, the deal volume in health care products, health care devices and health…

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