Surmodics (SRDX) said late Monday the US District Court for the Northern District of Illinois denied a request by the Federal Trade Commission and certain state regulators for a preliminary injunction that would have blocked its proposed acquisition by a GTCR affiliate.
The deal's completion is still subject to, among other things, a temporary restraining order under which the parties to the merger agree not to consummate it before Nov. 17, the company said.
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