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Power Moves If a green pivot is to happen, power grids must become “supergrids,” continent-spanning networks that can move green energy thousands of miles. The technology is here, but politics may stand in the way.
Subscriber OnlyMarketsDealsUnitedHealth to Purchase Change Healthcare for $8 BillionPrice represents 41% premium on health tech company’s sharesAcquisition expands UnitedHealth’s Optum technology businessPhotographer: Andrew Harrer/BloombergByJohn Tozzi+FollowJanuary 6, 2021, 11:00 AM UTCUpdated onJanuary 6, 2021, 12:10 PM UTCUnitedHealth Group Inc. agreed to purchase Change Healthcare Inc. in a deal that values the health technology company at about $8 billion.UnitedHealth will pay $25.75 per share in cash, the companies said Wednesday, a 41% premium over Change Healthcare’s closing price Tuesday of $18.24. Including more than $5 billion in debt owed by Change Healthcare, the deal amounts to $13 billion.
