McKesson (MCK) Receives Request for Additional Info Related to Change Healthcare Deal

September 7, 2016 7:09 AM EDT

Get access to the best calls on Wall Street with's Ratings Insider Elite. Get your Free Trial here.

McKesson (NYSE: MCK) disclosed the following in a U.S. SEC filing on Tuesday night:

Item 8.01 Other Events.

On August 31, 2016, McKesson Corporation (“McKesson”) received a request for additional information and documentary material (a “Second Request”) from the U.S. Department of Justice (“DOJ”) pursuant to the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, in connection with the entry into a contribution and sale agreement, dated as of June 28, 2016, by and among McKesson, Change Healthcare, Inc. (“Change Healthcare”) and other affiliated parties (the “Contribution Agreement”) to form a healthcare information technology company.

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 calendar year 2017.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Corporate News, Litigation, Mergers and Acquisitions

Add Your Comment