Healthcare Finance News December 30, 2024
The acquisition was originally expected to close this month, but in November the DOJ sued to block the merger.
UnitedHealth Group and home health provider Amedisys have mutually agreed to extend their merger deadline, according to a regularly filing with the Securities and Exchange Commission.
On December 26, each party agreed to waive its right to terminate the $3.3 merger agreement due to failure to get the deal done by the agreed upon deadline.
WHY THIS MATTERS
The decision could delay the deal until December 2025.
The acquisition was originally expected to close this month, but the Department of Justice sued to block the merger in November, citing anticompetitive concerns.
The companies have entered into a new waiver agreement, which...