Novant Health is no longer pursuing its proposed, $320 million acquisition of two North Carolina hospitals, citing continued opposition from federal regulators.

Topics:  novant health   north carolina   hospitals   
BING NEWS:
  • Novant Health drops $320 million deal to buy two CHS hospitals
    Novant Health has dropped its bid to buy two Community Health System hospitals for $320 million, citing opposition from the Federal Trade Commission.
    06/20/2024 - 3:49 am | View Link
  • FTC Strikes Back: Novant Abandons Deal After Appeals Court Grants Injunction
    In a reversal of fortune, the Federal Trade Commission (FTC) will land the decisive blow in the battle over Novant Health’s acquisition of two Community Health Systems hospitals. Following a decision ...
    06/19/2024 - 12:28 pm | View Link
  • Novant Health calls off North Carolina hospital deal, giving a win to the FTC
    Novant Health ended its plan to acquire two hospitals near Charlotte after federal regulators and others said it would have given Novant near-monopoly power in the region.
    06/19/2024 - 4:53 am | View Link
  • Novant Abandons Hospital Deal After FTC Wins Extended Freeze (2)
    Novant Health Inc. abandoned a $320 million deal to buy two North Carolina hospitals after an appeals court extended a freeze on the acquisition amid a dispute with the Federal Trade Commission.
    06/18/2024 - 2:16 pm | View Link
  • Novant Health axes $320M deal for two CHS hospitals
    A Novant spokesperson said the health system doesn't see a way to finalize the deal given the FTC's "continued roadblocks." ...
    06/18/2024 - 10:55 am | View Link
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