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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.
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, LHC Group (NASDAQ:LHCG).
