The $5.4 billion transaction between UnitedHealth Group, its subsidiary Optum and home health giant LHC Group has closed.
In filings with the SEC, LHC Group stated that its stock would be retired from public trading as of today. In another filing, the company confirmed that the merger was officially completed, with LHC Group becoming a wholly owned subsidiary of UnitedHealth Group’s Optum.
LHC Group shareholders approved the sale back in June. The deal was announced in March 2022.
The Lafayette, Louisiana-based LHC Group delivers home health, hospice and home- and community-based services, as well as facility-based care, across 37 states and the District of Columbia. It employs about 30,000 individuals. Read more.
