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6th Circ. Backs FTC In ProMedica 'Hail Mary' Merger Appeal

By Melissa Lipman (April 22, 2014, 3:26 PM EDT) -- The Sixth Circuit on Tuesday upheld the Federal Trade Commission's decision blocking ProMedica Health System Inc. from merging with another Ohio hospital, calling ProMedica's bid to defend the deal by pointing to its rival's financial struggles a doomed "Hail Mary pass."...

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