Colo. AG Deal Spares FTC 2-2 Split On UnitedHealth Merger

Law360 (June 19, 2019, 7:20 PM EDT) -- The Federal Trade Commission nearly deadlocked Wednesday on a deal that cleared UnitedHealth Group health services subsidiary Optum’s $4.3 billion purchase of DaVita’s independent medical clinic operator, with the logjam cleared only because of a separate deal between the companies and Colorado’s attorney general.

 FTC Chairman Joseph J. Simons recused himself from voting on the deal, under which UnitedHealth will divest the DaVita Medical Group health care provider business in the Las Vegas area. That left the vote initially split evenly between the FTC’s two Democrats and two Republicans, but the two Democrats said they ultimately voted to approve the deal, which cleared. 4-0, only because the...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!