September 11, 2023
M&A | Tea Leaves
  • The Department of Justice (DOJ) is requesting more information from Amedisys regarding its proposed $3.3 billion deal to be acquired by UnitedHealth Group, which pushes back the timing of the deal. Amedisys and UnitedHealth Group filed the required pre-merger notification forms with the Federal Trade Commission (FTC) and the DOJ’s antitrust division on July 5, the company said in the filing. It received the DOJ’s request on August 4. Several recent health care deals have been hit by second requests but still gone through, including Amazon’s $3.9 billion acquisition of One Medical, CVS’ $8 billion acquisition of Signify, and UnitedHealth’s $5.4 billion acquisition of LHC. (Articles here and here)