NASDAQ:CHNG - Nasdaq - US15912K1007 - Common Stock - Currency: USD
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Today, investors in Change Healthcare and CHNG stock are cheering a ruling from a US District judge that the company's merger is allowed.
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A rumored deal could see Signify taken out for $30 per share.
The Justice Department held out a 2021 internal audit of UnitedHealth Group Inc.’s data practices as evidence that the health-care giant’s proposed acquisition of Change Healthcare Inc. should be blocked.
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UnitedHealth Group Inc. will gain access to “vast amounts of data” on how rival insurers do business if its proposed acquisition of Change Healthcare Inc. goes through, the Justice Department said opening arguments in a trial challenging the deal.
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The dominant insurer wants to add data company Change Healthcare to its stable, but the government says the deal would open a window into rivals’ plans.
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