01:48 PM EST, 11/12/2024 (MT Newswires) -- The US Department of Justice, and the attorneys general of Maryland, Illinois, New Jersey and New York, filed a civil antitrust lawsuit to block UnitedHealth Group's ( UNH ) proposed $3.3 billion acquisition of Amedisys ( AMED ) , the DOJ said Tuesday.
The suit was filed in the US District Court for the District of Maryland and alleges that the deal would eliminate competition between the two companies.
"Eliminating the competition between UnitedHealth ( UNH ) and Amedisys ( AMED ) would harm patients who receive home health and hospice services, insurers who contract for home health services, and nurses who provide home health and hospice services," the DOJ said.
Neither UnitedHealth ( UNH ) nor Amedisys ( AMED ) immediately replied to requests for comment from MT Newswires.
Price: 615.90, Change: -9.36, Percent Change: -1.50