NU Online News Service, Aug. 3, 2004, 3:12 p.m. EDT
A group of New Jersey doctors are trying to disrupt the acquisition of Oxford Health Plans Inc. by UnitedHealth Group Inc.[@@]
UnitedHealth, Minnetonka, Minn., recently completed a $3.7 billion acquisition of Oxford, Trumbull, Conn.
The Medical Society of New Jersey, Lawrenceville, N.J., has filed a suit opposing the deal in a New Jersey state court. The society is asking for a “lieu of prerogative writ” against Holly Bakke, the commissioner of the state Department of Banking and Insurance.