Remove hospitality
article thumbnail

NC Hospital Leader Condemns FTC's Merger Block Bid

Law 360 M&A

The chief of staff for a North Carolina hospital in the midst of a merger battle ripped the care facility's current owners Thursday in a show of support for new ownership, pleading for federal antitrust regulators to get out of the way lest they usher in "a year long death marked by suffering" for the hospital.

52
article thumbnail

Why Target Hospitality Shares Are Shooting Higher Today

Benzinga

Shares of Target Hospitality Corp (NASDAQ: TH ) are trading higher after the workforce lodging company’s Board of Directors received an unsolicited non-binding proposal from Arrow Holdings S.à Arrow, an affiliate of TDR Capital LLP, has offered to acquire all of the outstanding shares of common stock of Target Hospitality that they.

Equity 72
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Put ‘Community’ Back in the Mission of Community Hospitals

NYT M&A

Nonprofit hospitals are behaving in ways that seem to focus more on dollars than patients.

article thumbnail

Senators Request Review of Tax-Exempt Status of Hospitals

LaPorte

A bipartisan group of senators recently called for the IRS to investigate the tax-exempt status of nonprofit hospitals. What does this mean for hospitals, and… The post Senators Request Review of Tax-Exempt Status of Hospitals first appeared on LaPorte.

98
article thumbnail

NC Treasurer Backs FTC On Hospital Merger Challenge

Law 360 M&A

North Carolina's treasurer agreed Monday that Novant Health's $320 million plan to pick up a pair of hospitals is a bad idea, throwing its weight behind the Federal Trade Commission's challenge to the deal in federal court.

52
article thumbnail

Hospitality Cases And Trends To Watch In 2024

Law 360 M&A

People in the hospitality industry work to project the image that they enjoy nothing more than making customers happy and serving them tirelessly, but the reality can be a darker one — especially in courts of law and at regulatory agencies, where issues involving hotels, restaurants and other businesses reveal what goes on behind the scenes.

96
article thumbnail

FTC Urges Court To Pause Novant's NC Hospital Deal

Law 360 M&A

The Federal Trade Commission is urging a North Carolina federal court to pause Novant Health's $320 million deal for a pair of hospitals, contending the move would give Novant an "eye-popping" share of the hospital market in a Charlotte suburb.