In the FTC’s first merger challenge of the new administration, the FTC voted 4-0 to challenge the proposed acquisition of Surmodics by private equity firm GTCR BC Holdings (“GTCR”). As the Trump administration’s sweeping changes ripple across the government, the signs so far suggest a less dramatic shift in the antitrust realm, with Trump officials and nominees voicing plans to pursue an ambitious antitrust agenda on a number of fronts. The FTC’s GTCR/Surmodics challenge provides four key takeaways for the FTC’s merger antitrust enforcement in the Trump administration.
Read the full article: GTCR / Surmodics: Four Key Takeaways for M&A Antitrust from the First FTC Merger Challenge Under Trump //
Source: https://www.jdsupra.com/legalnews/gtcr-surmodics-four-key-takeaways-for-m-3791091/