The Federal Trade Commission has signed off on Naples, Fla.-based Health Management Associates' acquisition of Cincinnati-based Catholic Health Partners, according to a NASDAQ report.
The notice of early termination reflects the FTC's decision to not pursue more rigorous antitrust investigation. In July, HMA and CHP announced a definitive agreement in which HMA would acquire the Mercy Health Partners system, a seven-hospital subsidiary of CHP, for $525 million.
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The notice of early termination reflects the FTC's decision to not pursue more rigorous antitrust investigation. In July, HMA and CHP announced a definitive agreement in which HMA would acquire the Mercy Health Partners system, a seven-hospital subsidiary of CHP, for $525 million.
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