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