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US Justice Dept. says broad divestitures required to resolve challenge to Unitedhealth’s acquisition of Amedisys

Reuters
08/07
US Justice Dept. says broad divestitures required to resolve challenge to Unitedhealth’s acquisition of Amedisys

WASHINGTON, Aug 7 (Reuters) - The U.S. Justice Department said on Thursday it required broad divestitures to resolve a challenge to Unitedhealth’s $3.3 billion acquisition of Amedisys.

"In addition, Amedisys would pay a $1.1 million civil penalty to the United States for falsely certifying that it had provided 'true, correct, and complete' responses" under antitrust law, it said in a statement.

(Reporting by Ismail Shakil and Doina Chiacu; Editing by Brendan O'Brien)

((doina.chiacu@thomsonreuters.com; 202-898-8322;))

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