Change Healthcare Falls on Report DOJ to Block UnitedHealth Deal

Shares of Change Healthcare fall as much as 4.3% after Dealreporter, citing two sources with knowledge of the matter, said the Department of Justice is preparing a suit to block a proposed sale to UnitedHealth Group.

• The parties are set to talk with the agency on Tuesday for a “last rites” meeting about the situation, according to the report
  • The antitrust agency has not identified any acceptable divestitures that would satisfy anti-competitive concerns, one of the sources told Dealreporter
• NOTE: Change Healthcare’s takeover by UnitedHealth Group has been under extended investigation by the Justice Department. The pair have agreed ...