Becker's Healthcare December 27, 2024
UnitedHealth Group and home health company Amedisys have agreed to extend the deadline for a planned $3.3 billion merger due to a legal challenge by the Department of Justice.
In a Dec. 26 regulatory filing, the two companies waived their right to terminate the agreement if it does not occur before an agreed-upon date: either 10 business days after a final court ruling that blocks the merger or December 31, 2025. They also made adjustments to the terms, including a potential penalty fee of up to $325 million if regulatory conditions aren’t met.
UnitedHealth’s Optum first announced its plans to merge with Amedisys in June 2023. The Baton Rouge, La.-based company was founded in 1982 and provides home health, hospice...
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