Business & Finance
Magellan reports 2003 revenue of $1.5B; headquarters moved to Connecticut
Published in Health Business Week, April 30th, 2004
The company also announced that it has relocated its principal executive offices to Farmington, Connecticut, from Columbia, Maryland.
The company emerged from its Chapter 11 bankruptcy cases and consummated its plan of reorganization on January 5, 2004; however, the company has applied the "fresh start reporting" provisions under generally accepted accounting principles as of December 31, 2003. Accordingly, the company's results of operations and assets and liabilities reflect, with certain exceptions, the consummation of the...
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Source: Health Business Week (2004-04-30)
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