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20Nov

FTC Sues to Block Methodist Le Bonheur-St. Francis Transaction

On November 12, 2020, the Federal Trade Commission (FTC) sued to block the acquisition of two Memphis-area hospitals by Methodist Le Bonheur Healthcare. Eleven months earlier, on December 12, 2019, Methodist entered into an agreement with Dallas-based Tenet Healthcare Corporation to purchase Saint Francis-Memphis and St. Francis-Bartlett (along with their associated physician practices, urgent care centers, and other ancillary care providers) for $350 million......
By: Bradley Arant Boult Cummings LLP
Source Url: https://www.jdsupra.com/legalnews/ftc-sues-to-block-methodist-le-bonheur-76236/

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