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Centene closes Community Medical Group deal

Centene Corp. completed the acquisition of Community Medical Holdings Corp., which does business as Community Medical Group, from CMG Holding Co. LLC.

Under the agreement, Centene on March 8 chose to pay a portion of the purchase price by issuing 1,448,714 of its common shares to the seller.

Community Medical Group is an at-risk primary care provider in Miami-Dade County, Fla.