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Universal American shareholders OK acquisition by WellCare

Stockholders by a near-unanimous vote approved a pending $600 million deal for the Medicare benefits company in White Plains.

Universal American to be acquired by WellCare Health Plans

WellCare will pay about $600 million for shares of common stock in the White Plains-based health care benefits company.

Avon earnings plunge, profit for Regeneron, Jarden earnings double

High costs sank Avon’s earnings, while sales of Regeneron’s treatment for macular degeneration returned the company to profitability.