UnitedHealth Group and Amedisys Inc. have agreed to extend the deadline for their proposed $3.3 billion merger, waiving their right to terminate the agreement. This extension signals a continued commitment to completing the acquisition despite ongoing regulatory challenges.
The extension comes after the U.S. Justice Department filed an antitrust lawsuit to block the deal, citing concerns about competition in the home health services market. Both companies are working to address these regulatory hurdles.
This development suggests that UnitedHealth is actively pursuing strategies to overcome the government's opposition to the merger. The prolonged process highlights the complexities of large-scale healthcare acquisitions in the current regulatory environment.
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