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Change Healthcare Falls on Report DOJ to Block UnitedHealth Deal

Feb. 15, 2022, 6:17 PM

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 ...