Surmodics Set to Close Acquisition by GTCR After FTC Drops Appeal
Reuters
Yesterday
Surmodics Set to Close Acquisition by GTCR After FTC Drops Appeal
Surmodics, Inc. expects to close its previously announced acquisition by an affiliate of GTCR LLC soon, following incremental clarity from the Federal Trade Commission. The FTC and certain state regulators have stated they do not intend to appeal a recent court ruling denying their motion to prevent the closing of the deal. The transaction remains subject to the expiration of a temporary restraining order and other customary closing conditions.
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