With the FTC’s early termination, the merger between the two healthcare organizations is compliant with antitrust law, although terms of the deal were not disclosed.
HMC and Piedmont are expected to finalize the merger terms in the next three to four months and are projected to go live with the new entity by Jan. 2012, the release said.
Related Articles on Hospital Mergers:
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6 Legal Topics to Consider Before a Hospital Completes a Merger
Michigan’s Mercy Health Partners, Saint Mary’s Health Care to Merge
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