"Blue Cross Blue Shield Louisiana Halts Transaction Plans and Hearing in Last-Minute Decision"
Blue Cross and Blue Shield of Louisiana has decided to pause its acquisition plans and withdraw its plan of reorganization with Elevance Health, prompting the cancellation of a Louisiana Department of Insurance hearing. The Louisiana Attorney General, Liz Murrill, has issued a statement on the matter, and more information about the withdrawn transaction can be found on the WAFB website.