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Stock impact report

UnitedHealth, Amedisys extend deadline to close $3.3 billion deal [CNBC]

Amedisys Inc (AMED) 
Last amedisys inc earnings: 2/18 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.amedisys.com
Company Research Source: CNBC
Department of Justice. The extension comes more than a month after the DOJ and three U.S. states filed a lawsuit to block the deal, citing concerns that it would reduce competition in the home health services market. The companies have entered into a new waiver agreement, which extends the merger deadline to 10 days after a final court decision is issued in the lawsuit or Dec. 31, 2025, whichever is earlier, the filing said. Shares of Amedisys rose 3.5% in premarket trading. UnitedHealth said in June last year it would acquire home health and hospice caregiver Amedisys. Analysts, however, anticipated regulatory scrutiny due to the healthcare conglomerate's presence in the home health sector. Eliminating competition between UnitedHe Read more
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