March 22, 2023
M&A | Tea Leaves
  • The U.S. Justice Department has dismissed its own appeal challenging UnitedHealth Group’s nearly $8 billion acquisition last year of Change Healthcare, a court filing showed. The health care deal was seen as a blow to the Biden administration’s tougher enforcement of antitrust issues. The Justice Department had argued the deal would give UnitedHealth, the largest U.S. health insurer, access to its competitors’ data and ultimately push up health care costs. (Article here)