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District Court Denies Request To Enjoin Acquisition Of Change Healthcare Inc. By Unitedhealth Group Incorporated: Change Healthcare Inc: Announces Special Cash Dividend

District Court Denies Request To Enjoin Acquisition Of Change Healthcare Inc. By Unitedhealth Group Incorporated: Change Healthcare Inc: Announces Special Cash Dividend

09/20/22, 9:19 PM
Industry
medical
analytics
medical
analytics
Yesterday, the U.S. District Court for the District of Columbia issued an opinion and final appealable order denying the request made by the U.S. Department of Justice and the States of New York and Minnesota for the Court to enjoin UnitedHealth Group Incorporated (NYSE: UNH) (“UnitedHealth Group”) from acquiring Change Healthcare Inc. (Nasdaq: CHNG) (the “Company” or “Change Healthcare”) pursuant to the proposed merger (the “Merger”) between the Company and a wholly owned subsidiary of UnitedHealth Group, which will result in the combination of the Company and Optum Insight, a part of UnitedHealth Group. The opinion and final appealable order also require UnitedHealth Group and the Company to divest ClaimsXten to TPG Capital as proposed by UnitedHealth Group and the Company.

Company Info

Company
Change Healthcare
Company info
Change Healthcare is a leading healthcare technology company, focused on insights, innovation, and accelerating the transformation of the U.S. healthcare system through the power of the Change Healthcare platform. Change Healthcare provides data and analytics-driven solutions to improve clinical, financial, administrative, and patient engagement outcomes in the U.S. healthcare system. Learn more at changehealthcare.com.