FTC Wins Preliminary Injunction to Stop OSF, Rockford Health Merger
After a three-day hearing, which began Feb. 1, U.S. District Judge Frederick Kapala has ordered the two hospitals not to complete their merger, pending an administrative trial by the FTC in Washington, D.C. That trial is set for April 17.
According to the report, Judge Kapala said the FTC presented a "compelling" case that the proposed merger would violate antitrust laws and hurt competition for hospital services in the Rockford market.
More Articles on OSF Healthcare, Rockford Health Merger:FTC Challenge of OSF, Rockford Health Acquisition Heads to D.C.
Hearing on FTC's Challenge of Rockford Health, OSF Merger Begins
OSF Healthcare, Rockford Health Plan to Appeal FTC's Challenge Against Acquisition
© Copyright ASC COMMUNICATIONS 2015. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.
To receive the latest hospital and health system business and legal news and analysis from Becker's Hospital Review, sign-up for the free Becker's Hospital Review E-weekly by clicking here.