The Department of Justice appears to be looking into potential antitrust concerns regarding the proposed merger between McKesson and Change Healthcare.
The two companies announced in June plans to combine McKesson’s IT business unit with Change Healthcare’s businesses to create a new company focused on healthcare technology and technology-enabled services.
According to McKesson’s Form 8-K filing with the Securities and Exchange Commission, the company received a request from the DOJ Aug. 31 for additional information and documentation regarding the proposed sale as related to the Hart-Scott-Rodino Antitrust Improvements Act of 1976.
The companies do not appear to be worried that the sale will be derailed. “McKesson and Change Healthcare will respond as quickly as practicable and continue to work cooperatively with the DOJ staff in connection with its review of the transactions contemplated in the Contribution Agreement. Both McKesson and Change Healthcare continue to expect the transaction to be completed in the first half of the calendar year 2017,” according to the filing.
Full Content: Beckers Hospital Review
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Norton Rose Fulbright has announced the addition of two seasoned professionals, Veronica Pinotti and Martino Sforza, to its antitrust and competition practice in Milan. According to a statement released by the firm on Monday, both lawyers have joined as partners, bringing a wealth of expertise in various facets of competition law.
Martino Sforza’s practice focuses on a range of areas, including consumer protection, data privacy, and regulated markets, in addition to his extensive work in antitrust matters. His broad experience makes him a valuable addition to the firm’s Milan office.
Veronica Pinotti, also joining from White & Case, specializes in advising clients on complex legal matters involving joint ventures, mergers and acquisitions, cartels, and abuse of dominance. She is also highly experienced in navigating state aid issues and regulatory concerns.
Source: Bloomberg
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