Amedisys agrees to UnitedHealth buyout offer, scraps Option Care deal By Reuters

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<span>© Reuters. FILE PHOTO: The corporate logo of the UnitedHealth Group appears on the side of one of their office buildings in Santa Ana, California, U.S., April 13, 2020. REUTERS/Mike Blake/File Photo</span><br />
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<p>(Reuters) – Amedisys (NASDAQ:) Inc on Monday agreed to acquired by UnitedHealth Group (NYSE:) for $101 per share in cash, and terminated an all-stock deal to be bought by Option Care Health (NASDAQ:) Inc.</p>
<p>The home health and hospice care firm will be acquired by UnitedHealth’s Optum unit. UnitedHealth had offered $100 per share earlier this month to buy the company, higher than the $97.38 per share all-stock deal Amedisys struck with Option Care in May.</p>
<p>The acquisition will expand UnitedHealth’s presence in home healthcare, a business it bolstered this year through a $5.4 billion deal to buy Amedisys’ rival, <span itemscope="" itemtype="http://schema.org/Corporation"><span itemprop="name"> LHC Group </span></span> (NASDAQ:). </p>
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<br /><a href="https://www.investing.com/news/stock-market-news/amedisys-agrees-to-unitedhealth-buyout-offer-scraps-option-care-deal-3113336">Source link </a></p><p>The post <a href="https://forextraderhub.com/amedisys-agrees-to-unitedhealth-buyout-offer-scraps-option-care-deal-by-reuters.html">Amedisys agrees to UnitedHealth buyout offer, scraps Option Care deal By Reuters</a> first appeared on <a href="https://forextraderhub.com">Forex Trader Hub</a>.</p>