UnitedHealth Group to Acquire Change Healthcare in $13 Billion Deal
America's largest healthcare benefits manager struck a multibillion-dollar cash deal on Wednesday that will make it even larger. UnitedHealth Group (NYSE: UNH) has agreed to acquire Change Healthcare (NASDAQ: CHNG), a data analytics and technology-enabled service provider.
UnitedHealth Group is offering $25.75 for shares of Change Healthcare, a bid that values the company at around $7.8 billion. It also represents a 41% premium above the stock's closing price on Tuesday.
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Source Fool.com
