Chief Administrative Law Judge D. Michael Chappell signed an order delaying the September hearing date of the Federal Trade Commission's review of Albany, Ga.-based Phoebe Putney Memorial Hospital's acquisition of Albany, Ga.-based Palmyra Medical Center, according to an Albany Herald report.
The report states the lawyers for Phoebe and the Hospital Authority of Albany-Dougherty County filed a motion July 1 asking for the delay, and the hearing is now expected to take place in October.
Phoebe Putney planned to acquire Palmyra for $195 million, but the 11th Circuit Court of Appeals recently granted the FTC an injunction on the deal.
Read the Albany Herald report on the delayed Phoebe-Palmyra merger hearing.
Related Articles on the Phoebe-Palmyra Merger:
Court Grants FTC Injunction to Block Phoebe Putney Purchase
FTC to Appeal Decision Allowing Acquisition of Palmyra Medical Center
Judge Sides With Phoebe Putney Over FTC, Says Free to Acquire Palmyra
The report states the lawyers for Phoebe and the Hospital Authority of Albany-Dougherty County filed a motion July 1 asking for the delay, and the hearing is now expected to take place in October.
Phoebe Putney planned to acquire Palmyra for $195 million, but the 11th Circuit Court of Appeals recently granted the FTC an injunction on the deal.
Read the Albany Herald report on the delayed Phoebe-Palmyra merger hearing.
Related Articles on the Phoebe-Palmyra Merger:
Court Grants FTC Injunction to Block Phoebe Putney Purchase
FTC to Appeal Decision Allowing Acquisition of Palmyra Medical Center
Judge Sides With Phoebe Putney Over FTC, Says Free to Acquire Palmyra