Amedisys gets over $3 billion unsolicited offer from UnitedHealth's Optum (updated)

Amedisys

05/06/2023 13:36

(Adds deal details and background in paragraphs 2-4)
       June 5 (Reuters) - Amedisys Inc  AMED.O  said on Monday
it had received an unsolicited proposal from UnitedHealth
Group's  UNH.N  health services company Optum to acquire all of
its outstanding shares in an all-cash transaction worth $3.26
billion.
    Optum made an offer of $100 per share, according to
Amedisys, compared with Option Care Health Inc's  OPCH.O 
agreement last month to buy the company for roughly $97.38 per
share.
    Amedisys' board believes Optum's offer could be superior to
Option Health's proposal, but has not yet made an official
determination.
    Amedisys is a healthcare-at-home firm that provides nursing
facility at homes as well as hospice care at the end of life.

 (Reporting by Leroy Leo in Bengaluru; Editing by Anil D'Silva
and Shounak Dasgupta)
 ((Leroy.Dsouza@thomsonreuters.com; Twitter: https://twitter.com/LeroyLeo7))