Novant $320M merg­er pro­pos­al giv­en one more stamp of final­i­ty

(The Cen­ter Square) – Anoth­er stamp of final­i­ty, this one from a fed­er­al court, has been giv­en to Novant Health’s pro­posed $320 mil­lion merg­er with Lake Nor­man region­al Med­ical Cen­ter and Davis Region­al Psy­chi­atric Hos­pi­tal.
The injunc­tion sought by the Fed­er­al Trade Com­mis­sion had already been grant­ed June 18, and in response Novant said it would dis­con­tin­ue pur­suit of the deal. This week, the 4th U.S. Cir­cuit Court of Appeals grant­ed an FTC motion eras­ing the June 5 opin­ion of U.S. Dis­trict Judge Ken­neth Bell.
It also dis­missed …