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Hospital Acquisitions in Louisiana Avoid FTC Review, for Now

JD Supra: Mergers

More hospital acquisitions may seek to avoid premerger scrutiny of the Federal Trade Commission (FTC) under the HSR Act (or any antitrust inquiry ever) if a recent federal district court decision holds up and becomes settled law. By: Manatt, Phelps & Phillips, LLP

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"Wheels Fall Off" FTC's Latest Hospital Merger Challenge

JD Supra: Mergers

s $320 million acquisition from Community Health Systems Inc. CHS) of two hospitals in the Lake Norman area north of Charlotte, North. District Court for the Western District of North Carolina on June 5, 2024, denied the Federal Trade Commission's (FTC) motion to enjoin Novant Health Inc.'s By: Holland & Knight LLP

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FTC Loss in Hospital Merger Shows Failing Firm Defense is Alive and Well

JD Supra: Mergers

While finding this to be the “rare case” where a hospital’s imminent failure justified its acquisition by a competitor, Judge Kenneth Bell denied the Federal Trade Commission’s motion for a preliminary injunction to enjoin Novant’s acquisition of two hospitals in the Charlotte, NC area. By: Womble Bond Dickinson

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Louisiana’s COPA Exempts Hospital Acquisitions from Federal Antitrust Laws

JD Supra: Mergers

As explained in prior posts, the Federal Trade Commission (“FTC”) filed suit in April of this year in Federal District Court for the District of Columbia seeking to enjoin Louisiana Children’s Medical Center (“LCMC”) from continuing to integrate the three New Orleans area hospitals that it had acquired from HCA Healthcare, Inc. (“HCA”)

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Hospital Acquisition: Haw. Rev. Stat. § 323D-71 et seq.

JD Supra: Mergers

Requires parties to apply for approval from the Hawaii State Health Planning and Development Agency (“HI Agency”) and provide notice to the Hawaii Attorney General (“HI AG”) for transactions involving the acquisition of a Hawaii-regulated hospital.The parties must provide 90 days notice before closing to the HI AG. Key Takeaways -.Requires

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Why Korea Is Gaining Prominence for M&A Activity

JD Supra: Mergers

Korea, known for its rich culinary heritage, fascinating history, and renowned hospitality, has long rendered Seoul a favored travel destination. Today, it stands not only as a cultural and historical beacon but also as a vibrant hub for global business, mergers, and acquisitions.

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FTC Voices Its Disagreement With Hospital Association in Final HSR Rule

JD Supra: Mergers

In June 2023, the Federal Trade Commission (Commission) proposed major changes to its premerger notification rules that implement the Hart-Scot-Rodino Act and impact a large swath of merger and acquisition transactions each year.