FTC: Statement Regarding Termination of Attempted Merger of Rhode Island's Two Largest Healthcare Providers
March 03, 2022
March 03, 2022
WASHINGTON, March 3 -- The Federal Trade Commission issued the following statement:
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In response to the announcement that Lifespan Corp. ("Lifespan") and Care New England Health System ("Care New England") have terminated their proposed merger, FTC Bureau of Competition Director Holly Vedova issued this statement.
"I am pleased that Lifespan and Care New England have abandoned their efforts to consummate an anticompetitive merg . . .
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In response to the announcement that Lifespan Corp. ("Lifespan") and Care New England Health System ("Care New England") have terminated their proposed merger, FTC Bureau of Competition Director Holly Vedova issued this statement.
"I am pleased that Lifespan and Care New England have abandoned their efforts to consummate an anticompetitive merg . . .