UnitedHealth’s $5.4B Deal with LHC Set to Close Feb. 23

UnitedHealth Group’s acquisition of home health company LHC Group is tentatively scheduled to close on Thursday, February 23, pending regulatory approvals, according to a Nasdaq notice. In anticipation of the closing, UHC stock will be halted immediately following an after-hours session at 8 p.m. Feb. 22, Healthcare Finance reports.

The Nasdaq delisting comes after recent reports that the Federal Trade Commission was unlikely to challenge the combination.

The $5.4 billion deal, announced in March 2022, follows a filing with the SEC that stated the combination would close during the first quarter of this year.

The deal was extended until March 28 after the FTC in June issued a second request for information. Read more.

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