UnitedHealth to Acquire Amedisys for $3.29 Billion (1)

UnitedHealth Group Inc. agreed to buy home-health provider Amedisys Inc. for $101 a share in cash, outbidding earlier suitor Option Care Health Inc.

The deal, announced Monday in a filing, concludes a competition between UnitedHealth and Option Care, which earlier agreed to buy Amedisys for about $97.38 a share, including debt. Option Care received a $106 million termination fee, the company said in a filing.

The deal values Amedisys at about $3.29 billion, based on the company’s share count. Shares of Amedisys were little changed at the US market open. Shares of Option Care rose 3.2% at ...