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US FTC seeks Novant-CHS deal stay pending expedited appeal

( June 10, 2024, 16:57 GMT | Official Statement) -- MLex Summary: The US Federal Trade Commission asked a North Carolina federal court for a stay pending appeal of a decision denying the agency's request for an injunction against Novant Health's proposed acquisition of two hospitals from Community Health Systems. "Immediate, temporary relief is necessary here because Defendants may consummate Novant’s proposed acquisition... after 11:59 p.m. on June 12, 2024," the FTC said.See document below....

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