Merger of MultiPlan, Inc. and Viant, Inc.

Compass Lexecon advised two of the nation’s largest independent PPO networks, MultiPlan, Inc. and Viant, Inc. in securing approval of their proposed merger. Compass Lexecon conducted extensive analyses of both the competitive effects and the efficiencies of the deal, including efficiencies related to the impact of the merged company’s enhanced bargaining power on the outcome of negotiations with medical providers. Over a period of six months, Compass Lexecon submitted multiple white papers to the government that were critical in securing regulatory approval. The U.S. Department of Justice informed the parties recently that the investigation had been closed. We were retained by both MultiPlan (Marc Williamson and Jennifer Giordano of Latham & Watkins LLP and Joe Sims of Jones Day) and Viant (Mit Spears and John Carroll of Ropes & Gray LLP). The D.C./Boston based Compass Lexecon team included Jon Orszag, Theresa Sullivan, Amy Candell, Antara Dutta, Diane Lee, William Medina, and Katie Milliken.