Ropes & Gray Serves as Special Tax Counsel
Ropes & Gray served as special tax counsel to Change Healthcare Inc. in its successful completion of McKesson Corporation's previously announced disposition of its ownership interest in Change Healthcare to McKesson stockholders in a “Reverse Morris Trust” transaction. As a result of the transaction, McKesson no longer owns any voting or economic interest in Change Healthcare. The completion of the transaction was announced on March 10.
Change Healthcare is a leading independent healthcare technology company that provides data and analytics-driven solutions to improve clinical, financial and patient engagement outcomes in the U.S. healthcare system.The Ropes & Gray team that advised Change Healthcare was led by tax partners Leo Arnaboldi (New York) and Benjamin Rogers (San Francisco), and included private equity partner Eric Issadore (San Francisco), asset management partner Michael Doherty (New York), tax associate Tristan Evans-Wilent (New York) and asset management counsel Jessica Reece (Boston).