AMED - UnitedHealth - Amedisys to combine in $101 per share all-cash deal

2023-06-26 09:22:48 ET

• Ending a previous merger deal with Option Care Health ( NASDAQ: OPCH ), Amedisys ( NASDAQ: AMED ) has agreed to merge with health insurer UnitedHealth Group ( NYSE: UNH ) for $101 per share in cash, the healthcare services company announced Monday.
• Per the terms of the agreement, the completion of the deal will be subject to shareholder approvals, regulatory approvals, and other closing conditions, Amedisys ( AMED ) said in a regulatory filing.
• Additionally, the company announced the termination of its previously disclosed merger agreement with Option Care Health ( OPCH ) in return for a $106M termination fee.
• The all-stock deal with Option Care ( OPCH ) valued Amedisys ( AMED ) at ~$3.6B, indicating a $97.38 per share value for the company at the time.

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