Owens & Minor, Rotech receive second request from FTC
By HME News Staff
Updated 8:44 AM CDT, Tue October 15, 2024
RICHMOND, Va. – Owens & Minor and Rotech Healthcare on Oct. 11 each received a request for additional information and documentary materials from the Federal Trade Commission in connection with its review of the merger of the two companies.
The effect of a second request is to extend the waiting period imposed by the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, until 30 days after each of the companies has substantially complied with the second request issued to it, unless that period is extended voluntarily by the parties or terminated earlier by the FTC, according to a Form 8-K filed with the U.S. Securities and Exchange Commission.
“Completion of the merger remains subject to the expiration or termination of the waiting period under the HSR Act and the satisfaction or waiver of the other closing conditions specified in the merger agreement,” Owens & Minor stated. “The company continues to work constructively with the FTC in its review of the merger and expects that the merger will be completed in the first half of 2025, subject to satisfaction or waiver of the closing conditions, including receipt of required regulatory approvals.”
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