(Reuters) – Health insurer UnitedHealth Group has agreed to buy managed care company LHC Group for about $5.39 billion in cash, the companies said on Tuesday.
UnitedHealth’s unit Optum will pay about $170 for each share of LHC Group, representing an 8.12% premium to the company’s last closing price.
(Reporting by Mrinalika Roy in Bengaluru; Editing by Arun Koyyur)
