Posted June 16, 2023
Amedisys Inc. received an unsolicited proposal from the UnitedHealth Group subsidiary Optum to acquire all outstanding shares of the home health and hospice provider’s stock.
Amedisys, in its filing with the U.S. Securities and Exchange Commission (SEC) that Optum has proposed an all-cash transaction at $100 per share. This could represent a “superior proposal” compared to the company’s pending $3.6 billion deal with Option Care Health.
“On May 27, 2023, the Board determined that the unsolicited proposal received from Optum could reasonably be expected to result in an ‘Amedisys Superior Proposal’ as defined in Amedisys’ merger agreement with Option Care Health,” Amedisys wrote in the SEC filing.
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