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OFFICIAL REJECTS ANTHEM DEAL

Georgia's insurance commissioner has rejected Indiana-based Anthem's proposed $16.4 billion acquisition of WellPoint Health Networks that would create the nation's largest health insurance company.

"I felt like Georgia citizens deserved better," said commissioner John Oxendine, in denying the merger.

Anthem has said its proposal would make health care improvements in Georgia, but Oxendine said Georgia must see additional benefits before he will approve Anthem's acquisition of WellPoint, the California-based parent company of Blue Cross and Blue Shield of Georgia.

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