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Axinn Secures Antitrust Clearance for McKesson’s Transaction with Change Healthcare to Form $3.4 Billion New Healthcare Information Technology Company
December 21, 2016

Axinn was antitrust counsel to McKesson Corporation, a leading global healthcare services and information technology company, in a transaction with Change Healthcare Holdings, Inc., a leading provider of software and analytics, network solutions and technology-enabled services, to create a new healthcare information technology company. The deal will combine substantially all of Change Healthcare’s business and the majority of McKesson Technology Solutions into a new company with $3.4 billion in pro forma combined total annual revenues for the fiscal year ended March 31, 2016.

The Axinn team secured unconditional antitrust clearance for the transaction after successfully navigating a more than six-month investigation by the Department of Justice, including a Second Request.

The Axinn team was led by Daniel Bitton, Jeny Maier, Russell Steinthal and Mike Keeley, assisted by Morris Bloom, Eric Barstad, Kevin Kim, Varnitha Siva, Alex Bergersen and Cagla Boylu.

http://www.mckesson.com/about-mckesson/newsroom/press-releases/2016/mckesson-and-change-healthcare-to-form-new-healthcare-information-technology-company/

https://www.sec.gov/Archives/edgar/data/927653/000119312516701938/d220900d8k.htm

http://www.mckesson.com/about-mckesson/newsroom/press-releases/2016/mckesson-and-change-healthcare-announce-termination-of-hart-scott-rodino-act-waiting-period/