UnitedHealth to Purchase Change Healthcare for $8 Billion (1)
By John Tozzi
Jan. 6, 2021, 12:10 PM
UnitedHealth Group Inc. agreed to purchase Change Healthcare Inc. in a deal that values the health technology company at about $8 billion.
UnitedHealth will pay $25.75 per share in cash, the companies said Wednesday, a 41% premium over Change Healthcare’s closing price Tuesday of $18.24. Including more than $5 billion in debt owed by Change Healthcare, the deal amounts to $13 billion.
The deal will combine Change Healthcare with UnitedHealth’s OptumInsight unit to offer software, data analytics, technology and other services to the health-care industry.
The acquisition is one of UnitedHealth’s largest and is another step in expanding the company’s ...