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In the clearest terms to date, a new sate filing spells the end for Cincinnati-based Community Mutual Blue Cross & Blue Shield as it is now known.
A recent filing with the Ohio Department of Insurance seeks approval for the Indianapolis-based Associated Group to acquire the Cincinnati-based company. Previously, company officials had termed the transaction a merger of equals.
The document says Associated will create a new company called Community Insurance Co. that will handle Blue Cross & Blue Shield business in Ohio, Kentucky and Indiana.
While Community Insurance Co....