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GTCR-Surmodics suit 'valuable use' of US FTC resources,' Slaughter, Bedoya say

( March 7, 2025, 20:10 GMT | Official Statement) -- MLex Summary: Federal Trade Commissioner Rebecca Slaughter said the agency's lawsuit to stop GTCR's proposed acquisition of Surmodics was "a particularly valuable use of Commission resources." The Democratic Commissioner, joined by fellow Democrat Alvaro Bedoya, said the suit challenges a widespread and problematic playbook in the US economy, which is consolidation by private equity giants. "In general, this strategy can be extraordinarily profitable for a private equity firm, but can also come at substantial cost to the market and to consumers.See full statement....

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