The Federal Trade Commission has closed its investigation into the proposed merger of Aveanna Healthcare and Maxim Healthcare. “Staff of the Bureau of Competition and Bureau of Economics have investigated the proposed transaction for several months, including its potential effects in multiple localities across the country on markets both for nursing services and for private duty nursing care,” said FTC Chairman Joseph Simons. “As a result of that investigation, staff had concerns about the transaction’s potential anticompetitive effects. Now that the deal has been abandoned, patients and private duty nurses will continue to benefit from competition between Aveanna and Maxim.”
Read the full article: Aveanna Healthcare and Maxim Healthcare Services Have Terminated Their Acquisition Agreement //
Source: https://www.ftc.gov/news-events/press-releases/2020/01/statement-ftc-chairman-regarding-announcement-aveanna-healthcare