FTC Looks To Speed Up $195M Phoebe Merger Challenge

Law360, New York (April 22, 2013, 6:16 PM EDT) -- The Federal Trade Commission urged the Eleventh Circuit on Thursday to quickly remand its antitrust challenge of Phoebe Putney Health System Inc.'s now-consummated $195 million acquisition of a nearby rival so a lower court can decide whether to stop the hospitals from integrating further.

The FTC filed a motion with the circuit court for an expedited remand, a request that comes a little more than two months after the U.S. Supreme Court determined that a Georgia state law did not shield Phoebe Putney's acquisition of Palmyra...
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