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UPDATE 1-Amedisys agrees to UnitedHealth buyout offer, scraps Option Care deal

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(Adds details on new deal)

June 26 (Reuters) - Amedisys Inc on Monday agreed to acquired by UnitedHealth Group for $101 per share in cash, and terminated an all-stock deal to be bought by Option Care Health Inc.

The home health and hospice care firm will be acquired by UnitedHealth's Optum unit. UnitedHealth had offered $100 per share

earlier this month

to buy the company, higher than the $97.38 per share all-stock deal Amedisys struck with Option Care in

May

.

The acquisition will expand UnitedHealth's presence in home healthcare, a business it bolstered this year through a $5.4 billion deal to buy Amedisys' rival, LHC Group. (Reporting by Leroy Leo in Bengaluru; Editing by Saumyadeb Chakrabarty)

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