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McKesson/Change Healthcare merger cleared under antitrust law

McKesson Corp. and Change Healthcare Holdings Inc. have received clearance for their merger under the Hart-Scott-Rodino Act.

In September, the Department of Justice requested information about the deal from the companies under the antitrust law. The companies expect their deal to be complete in the first half of 2017.

McKesson, a medical and pharmaceutical supplies distributor, agreed to merge its IT business with Change and create a new healthcare information technology company. Change is majority owned by Blackstone Group LP.