UnitedHealth plays long game with M&A strategy

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UnitedHealth plays long game with M&A strategy - rob_cyran -

UnitedHealth Group said on March 29 it had agreed to buy LHC Group for about $5.4 billion, or $170 a share. The offer represents an 8% premium for the home healthcare firm’s shares based on their closing price on March 28.

The U.S. Department of Justice said on Feb. 24 it would sue to block UnitedHealth’s roughly $13 billion acquisition of Change Healthcare. That deal was announced on Jan. 6. The regulator said the combination would give UnitedHealth access to rivals’ sensitive data.The logo of Down Jones Industrial Average stock market index listed company UnitedHealthcare is shown in Cypress, California April 13, 2016.

 

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