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MINNEAPOLIS (November 2, 2007) – UnitedHealthcare, a UnitedHealth Group (NYSE: UNH) company, today announced that it has signed a definitive agreement with Fiserv, Inc. (NASDAQ: FISV) to acquire substantially all of Fiserv’s health-related businesses for $775 million in cash. The transaction includes Fiserv Health, a leading administrator of medical benefits; Avidyn Health, a care facilitation business; and the Fiserv Health Specialty Solutions businesses (which include J.W. Hutton, a subrogation and overpayment recovery organization, and ppoONE, a claim repricing and data management service). Fiserv Health’s Pharmacy Benefits Management business (PBM) Innoviant will also be part of the transaction.
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