financetom
Business
financetom
/
Business
/
US Justice Department preps suit over UnitedHealth-Amedisys deal, Bloomberg News reports
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US Justice Department preps suit over UnitedHealth-Amedisys deal, Bloomberg News reports
Nov 12, 2024 7:05 AM

(Reuters) -The U.S. Justice Department is moving to block UnitedHealth Group's $3.3 billion purchase of Amedisys Inc. over concerns the deal would harm competition in the market for home health services, Bloomberg News reported on Tuesday, citing people familiar with the matter.

The report said antitrust officials have signed off on a lawsuit to be filed in federal court as soon as this week to stop the deal, according to the people, who asked not to be named.

The move follows a meeting last week between company executives and the Justice Department in a last-ditch effort to ease the government's concerns, the report added.

The Justice Department, Amedisys and UnitedHealth did not immediately respond to Reuters requests for comment.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Form 8.3
Form 8.3
Nov 7, 2025
LONDON--(BUSINESS WIRE)--   FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of discloser: NATIXIS SA (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle...
BRIEF-Stewart Strengthens Real Estate Services Portfolio by Announcing its Intent to Acquire Mortgage Contracting Services (MCS)
BRIEF-Stewart Strengthens Real Estate Services Portfolio by Announcing its Intent to Acquire Mortgage Contracting Services (MCS)
Nov 7, 2025
Nov 7 (Reuters) - Stewart Information Services Corp ( STC ) : * STEWART STRENGTHENS REAL ESTATE SERVICES PORTFOLIO BY ANNOUNCING ITS INTENT TO ACQUIRE MORTGAGE CONTRACTING SERVICES (MCS) * STEWART INFORMATION SERVICES CORP ( STC ) - PURCHASE PRICE FOR MCS ACQUISITION IS $330 MILLION * STEWART INFORMATION SERVICES CORP ( STC ) - DEAL EXPECTED TO BE IMMEDIATELY...
Franklin Resources Reports Higher Preliminary Q4 Adjusted Earnings, Revenue
Franklin Resources Reports Higher Preliminary Q4 Adjusted Earnings, Revenue
Nov 7, 2025
09:08 AM EST, 11/07/2025 (MT Newswires) -- Franklin Resources ( BEN ) Friday reported preliminary fiscal Q4 adjusted earnings of $0.67 per diluted share, up from $0.59 a year earlier. Analysts polled by FactSet expected $0.68 per share. Operating revenue for the quarter ended Sept. 30 was $2.34 billion, compared with $2.21 billion a year earlier. Two analysts polled by...
Wall St reacts to Musk's $1 trillion pay plan approval by Tesla investors
Wall St reacts to Musk's $1 trillion pay plan approval by Tesla investors
Nov 7, 2025
(Reuters) -Tesla CEO Elon Musk has won shareholder approval for the largest corporate pay package in history. At the EV maker's annual meeting at its factory in Austin, Texas, Musk bounded to the stage accompanied by dancing robots. The proposal was approved with more than 75% support, allowing Musk to get as much as $1 trillion in stock over the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved