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U.S. appeals court blocks Pennsylvania hospital merger
Source: Reuters
U.S. | Tue Sep 27, 2016 | 10:21am EDT
U.S. appeals court blocks Pennsylvania hospital merger
A federal appeals court on Tuesday blocked the proposed merger of the two largest hospital systems in the Harrisburg, Pennsylvania, area.
By a 3-0 vote, the 3rd U.S. Circuit Court of Appeals in Philadelphia ordered a preliminary injunction against the combination of Penn State Hershey Medical Center and PinnacleHealth System.
The court said the U.S. Federal Trade Commission and the commonwealth of Pennsylvania were likely to succeed on the merits of their claim that the merger would be anti-competitive.
A lawyer for the hospitals did not immediately respond to requests for comment.
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U.S. appeals court blocks Pennsylvania hospital merger
A federal appeals court on Tuesday blocked the proposed merger of the two largest hospital systems in the Harrisburg, Pennsylvania, area.
By a 3-0 vote, the 3rd U.S. Circuit Court of Appeals in Philadelphia ordered a preliminary injunction against the combination of Penn State Hershey Medical Center and PinnacleHealth System.
The court said the U.S. Federal Trade Commission and the commonwealth of Pennsylvania were likely to succeed on the merits of their claim that the merger would be anti-competitive.
A lawyer for the hospitals did not immediately respond to requests for comment.
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Read more: http://www.reuters.com/article/us-ftc-pennsylvania-hospitals-idUSKCN11X1KC
