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If the Anthem-WellPoint merger goes through as planned, investment-banking firm Goldman Sachs stands to make $20 million for advising Anthem.
WellPoint Health Networks Inc. will pay the same to Lehman Brothers for the same thing.
A dozen executives for California-based WellPoint could earn bonuses totaling a few million dollars apiece if they stick around for two years after the merger's completion.
These behind-the-scenes costs of the multibillion-dollar deal were among the bits of information released Nov. 26 when Indianapolis-based Anthem Inc. filed an S-4 registration statement with the Securities and Exchange Commission.
The inch-thick document also sheds more light on how the deal came together and the risks involved for both companies.
The two corporations announced plans Oct. 27 to merge and become the largest U.S. health-insurance company. Anthem plans to purchase WellPoint in a cash-stock deal that was valued at $16.4 billion when it was announced.
The combined company will be located in Indianapolis but retain the WellPoint name. Anthem CEO Larry Glasscock will retain his title with the new company. His WellPoint counterpart, Leonard Schaeffer, will become...