Owens & Minor Inc. has announced the mutual termination of its previously planned acquisition of Rotech Healthcare Holdings Inc. As per the merger agreement, Owens & Minor has paid Rotech Healthcare $80 million. The company will also redeem the $1 billion of notes issued in April 2025 and terminate the related loan commitments that were intended for the acquisition. Edward A. Pesicka, President & CEO of Owens & Minor, stated that despite the potential benefits of the merger, obtaining regulatory clearance proved too challenging. Owens & Minor will continue its focus on growing its Patient Direct business and strengthening its balance sheet by leveraging improved cash flow for deleveraging. The company remains committed to the home-based care market and is exploring potential sales of its Products and Healthcare Services business.