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International Business Times

Carla St. Louis

UnitedHealth's $33B Deal With Hospice Provider Blocked By DOJ

UnitedHealth DOJ UnitedHealth Group Amedisys the United States Department of Justice United States Optum

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. (Credit: Reuters / MIKE BLAKE)

The United States Department of Justice is suing to block UnitedHealth Group's $3.3 billion acquisition of Amedisys, arguing that it would harm competition.

The DOJ claims that the deal, which values Amedisys at $101 a share, would give UnitedHealth excessive control over healthcare services, according to the Wall Street Journal.

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