Transactions & Valuation Issues

South Jersey Healthcare, Underwood-Memorial Hospital Merger to Close Nov. 1

The merger between Vineland, N.J.-based South Jersey Healthcare and Woodbury, N.J.-based Underwood-Memorial Hospital has received approval from a New Jersey Superior Court Judge, according to a Daily Journal report.

By: Staff

Thursday, October 11th, 2012

The approval means the healthcare systems can move ahead with closing the deal Nov. 1.

South Jersey and Underwood-Memorial announced the potential merger in January. The deal received federal approval this year and approval from New Jersey Attorney General Jeffrey Chiesa at the end of September.

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