The Justice Department files a lawsuit to prevent UnitedHealth from acquiring Change Healthcare.

The Justice Department files a lawsuit to prevent UnitedHealth from acquiring Change Healthcare.
The Justice Department files a lawsuit to prevent UnitedHealth from acquiring Change Healthcare.
  • On Thursday, the Justice Department in the United States filed a lawsuit to prevent UnitedHealth Group from acquiring Change Healthcare.
  • In January 2021, UnitedHealth announced a $7.84 billion all-cash deal to expand its healthcare technology business.
After Hours
The United HealthCare Group Inc. logo on a laptop computer arranged in Hastings on Hudson, New York, on Saturday, Jan. 23, 2021.
The United HealthCare Group Inc. logo on a laptop computer arranged in Hastings on Hudson, New York, on Saturday, Jan. 23, 2021. (Tiffany Hagler-Geard | Bloomberg | Getty Images)

On Thursday, the U.S. Justice Department filed a lawsuit to prevent a health insurer from acquiring .

In January 2021, UnitedHealth announced a $7.84 billion all-cash deal to expand its healthcare technology business.

In the U.S. District Court for the District of Columbia, a case was filed against defendants UnitedHealth and Change.

The planned lawsuit was first announced by the New York Times.

UnitedHealth said it would fight the lawsuit.

The healthcare system's realities are not reflected in the Department's deeply flawed position, which is based on speculative theories. We will defend our case vigorously, the statement said.

by Reuters

business-news