CHS Scrubs Hospital Buyout Amid FTC Review

Law360, New York (January 11, 2012, 3:45 PM EST) -- Community Health Systems Inc. has called off its acquisition of a Roswell, N.M., hospital in response to the Federal Trade Commission's continued investigation of the deal's potential antitrust implications, the company said Wednesday.

Community Health said a company subsidiary had terminated its agreement to purchase the 26-bed Roswell Regional Hospital after receiving word from the FTC that it would continue its review of the buyout, which would extend beyond the deal's closing date.

Representatives for Community Health and the FTC both declined to comment Wednesday....
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