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GTCR details divestiture plan it hopes is enough to settle US FTC suit

By Curtis Eichelberger ( August 11, 2025, 22:28 GMT | Insight) -- GTCR provided a federal court details of an agreement it has in place to divest assets in hopes of resolving the US Federal Trade Commission’s competitive concerns over its acquisition of Surmodics. Ian Conner, a GTCR attorney and former director of the FTC’s Bureau of Competition, told the court he is willing to testify to the negotiations between GTCR, acquisition target Surmodics and his former employer.GTCR provided a federal court details of an agreement it has in place to divest assets in hopes of resolving the US Federal Trade Commission’s competitive concerns over its acquisition of Surmodics. Ian Conner, an attorney at Latham & Watkins representing GTCR and a former director of the FTC’s Bureau of Competition, told the court he is willing to testify to the negotiations between GTCR, acquisition target Surmodics and his former employer....

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