DOJ has eye on UnitedHealth's $8 billion acquisition of Change Healthcare
The Department of Justice considering a lawsuit to intervene in UnitedHealth’s purchase sources say.
By Alan Goforth|August 09, 2021 at 12:38 PM
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UnitedHealth Group’s nearly $8 billion acquisition of Change Healthcare is coming under scrutiny by the Biden administration, several media sources reported. UnitedHealth announced early this year that it would purchase the revenue management company for $7.84 billion in cash and $5 billion in debt.
The U.S. Department of Justice is considering a lawsuit to block the purchase of the health care analytics and technology vendor. Industry analysts said this would be the latest sign that the administration is aggressively pursuing antitrust enforcement. Several state attorneys general have expressed concerns about the transaction, and the DOJ has been looking for sworn witness testimony for the potential trial, “The Information” reported.
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