By Chris Otts | WDRB
The board of Louisville-based Humana Inc. wants to make it easier for the company to be sold to — or to merge with — another large company.
Humana, a Fortune 50 health insurer, once agreed to be taken over by rival Aetna in 2015 and has reportedly flirted with other corporate tie-ups over the last decade. Most recently, Humana was said to be discussing a merger with health insurer Cigna Group late last year before talks fizzled.
Now there’s a new sign that the largest corporation headquartered in Kentucky may be interested in selling: a proposed change to the company’s corporate charter.
“A company’s governing documents should be updated from time to time to make sure it reflects the most current understanding of the partners.” -Shruti Gurudanti, Rose Law Group partner and director of corporate transactions
