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Illinois and Minnesota AGs Join FTC’s Lawsuit Against Private Equity Firm

JD Supra: Mergers

Illinois Attorney General (AG) Kwame Raoul and Minnesota AG Keith Ellison have joined the Federal Trade Commission (FTC) in a lawsuit to block the acquisition of Surmodics Inc. by GTCR BC Holdings LLC, two major manufacturers of critical medical device coatings.

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Securities Litigation Against Life Sciences Companies 2024 Year in Review

JD Supra: Mergers

Welcome to our ninth annual report on US securities class actions filed against publicly traded life sciences companies, which include pharmaceutical, biotechnology, medical device, and healthcare companies. By: Goodwin

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FTC’s First Merger Challenge Under New Leadership Signals Return to Traditional Antitrust Theories in Private Equity Deals

JD Supra: Mergers

On March 6, 2025, the Federal Trade Commission (FTC) filed a lawsuit in federal court challenging GTCR BC Holdings, LLC's (GTCR) proposed acquisition of Surmodics, Inc. Surmodics). By: Goodwin

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FTC challenges first hospital merger under new Merger Guidelines

JD Supra: Mergers

On January 25, 2024 the Federal Trade Commission (FTC) sued to block Novant Health (Novant) from acquiring two North Carolina hospitals, Lake Norman Regional Medical Center and Davis Regional Medical Center from Community Health Systems (CHS).

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Federal Court Grants Medical Center’s Request for Transfer of FTC Suit

JD Supra: Mergers

As explained in prior posts, the Federal Trade Commission (“FTC”) filed suit in the U.S.

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Court Denies FTC Bid to Halt Novant-CHS Deal

JD Supra: Mergers

On June 5, 2024, the US District Court for the Western District of North Carolina denied the Federal Trade Commission’s (FTC) petition to enjoin Novant Health Inc.’s s (Novant) acquisition of Community Health Systems Inc.’s

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District Court Denies FTC Request to Block Novant’s Purchase of Hospitals from CHS — Purchase Can Go Forward

JD Supra: Mergers

In February, 2023, Novant Health and Community Health Systems (CHS) entered into an Asset Purchase Agreement pursuant to which Novant agreed to acquire Lake Norman Regional Medical Center (LNR) and Davis Regional Psychiatric Hospital (Davis) and related assets in North Carolina from CHS for $320 million.