America’s two largest supermarket chains have struck a $25 billion deal to combine. Now the FTC is about to decide whether it will block or allow it, and under what conditions.
merger
Posted inNPR
Will the feds block a grocery megamerger? Kroger and Albertsons will soon find out
America’s two largest supermarket chains have struck a $25 billion deal to combine. Now the FTC is about to decide whether it will block or allow it, and under what conditions.
Posted inArticle, Health
R.I. Attorney General blocks Lifespan-Care New England merger
Rhode Island Attorney General Peter F. Neronha has rejected a proposed merger of Rhode Island’s two largest hospital systems, saying that consolidating Lifespan and Care New England would create a single system with “extraordinary market power” in violation of state and federal antitrust laws. On Friday, the Federal Trade Commission released a redacted copy of […]
Posted inArticle, Health
Hospital employees and public voice concerns about Lifespan-Care New England merger
More than 250 people joined the first public hearing this week to weigh in on the proposed merger of Rhode Island’s two largest healthcare systems, Lifespan and Care New England. “I’m terrified about the impacts of this merger,’’ said Sara Gello Weinreich, a nurse at Butler Hospital in Providence. She recalled that Butler Hospital used […]
Posted inArticle, Environment, Health
Attorney General: Rhode Island’s health care system needs more than a one-deal solution
Public hearings are expected to begin in January on the proposed merger of Rhode Island’s two largest health care systems: Lifespan and Care New England. Rhode Island Attorney General Peter F. Neronha notified the companies earlier this month that their merger application was complete. Now, his office and the state Department of Health have until […]
Posted inArticle, Health
Lifespan-Care New England could qualify for a fast-track merger
A Senate bill that would have given state regulators more time and leverage to review the proposed merger of Rhode Islands’ two largest hospital systems – Lifespan and Care New England – has stalled in the House. The bill (S-443) introduced by Senate Majority Leader Michael J. McCaffrey, D-Warwick, would have increased from 120 days […]
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Lifespan, Care New England sign merger deal to create an academic health system with Brown University
Lifespan and Care New England have signed a merger agreement to create one academic health system with Brown University, the companies announced Tuesday. The long-anticipated deal between Rhode Island’s two largest hospital networks includes a five-year $125 million investment from Brown, which operates the state’s only medical school. Brown will join the governing board and […]
Posted inHealth
Lifespan and Care New England restart merger talks as pandemic-related losses mount
Lifespan and Care New England have announced plans for a merger that would include creating a nonprofit academic medical center with Brown University.
Posted inArticle, Health
Federal Judge Will Hold Hearings On CVS-Aetna Merger
In a highly unusual move, the judge will allow testimony from witnesses who have objections to the Justice Department’s decision on the already-approved deal.