Trending: Judge Rejects Antitrust Challenge to UnitedHealth Acquisition
20 Settembre 2022 - 4:34PM
Dow Jones News
10:04 ET -- UnitedHealth Group Inc. is one of the most talked
about companies in the U.S. across all news items in the last 12
hours, according to Factiva data. A federal judge Monday ruled
against the Justice Department's antitrust challenge to
UnitedHealth's $13 billion takeover of health-technology company
Change Healthcare Inc. The judge rejected government claims the
deal would unlawfully suppress competition and limit innovation,
marking an early blow to the Biden administration's stepped-up
antitrust enforcement. UnitedHealth had agreed to sell business
assets related to claims-processing to address competition
concerns, and the judge in his order required the company to make
that divestiture. The ruling means near certainty the deal will go
through, though the DOJ can still appeal the decision, Citi analyst
Daniel Grosslight said. UnitedHealth shares were down 1.5%, at
$515.94, early, while Change was up 6.9%, at $27.24. Dow Jones
& Co. owns Factiva. (robb.stewart@wsj.com)
(END) Dow Jones Newswires
September 20, 2022 10:19 ET (14:19 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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