Becker's Healthcare December 27, 2024
Optum and home health provider Amedisys have extended the deadline for their proposed $3.3 billion merger amid a legal challenge from the Department of Justice.
Here are 10 things to know:
1. In a Dec. 26 regulatory filing, the companies agreed to waive their right to terminate the deal if it fails to close before a specified deadline.
2. The new terms stipulate that the agreement will remain valid until either 10 business days after a final court ruling that blocks the merger or Dec. 31, 2025. The companies also revised other terms, introducing a potential penalty fee of up to $325 million if certain regulatory conditions remain unmet.
3. The merger, first announced in June 2023, aims...
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