UnitedHealth's $3.3B Merger Stalls as VitalCaring Sale Falls Through
UnitedHealth Group Incorporated (UNH) and Amedisys, Inc. (AMED) have reportedly decided to cancel their plan to sell medical centers to Texas-based VitalCaring Group, a move initially intended to address antitrust concerns related to their $3.3 billion merger. This sale was part of an effort to gain regulatory approval for the merger between Amedisys and UNH’s subsidiary, Optum.In November, the U.S. Department of Justice filed an antitrust lawsuit, arguing that the merger would give UnitedHealth too much co ...