MergerJun 23, 2026, 08:36 AM
Cross Country Healthcare Merger HSR Waiting Period Expires
AI Summary
Cross Country Healthcare announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 for its previously disclosed merger with KL Criss Cross Intermediate, LLC, and the sale of its locums business division, expired on June 22, 2026. This satisfies a major condition for the closing of the transactions, which are still subject to other customary closing conditions. The Merger is anticipated to close in the third quarter of 2026, with a special shareholder meeting scheduled for July 16, 2026, to approve the Merger.
Key Highlights
- HSR waiting period for the Merger expired on June 22, 2026.
- HSR waiting period for the sale of the locums business division also expired.
- Expiration of HSR waiting period satisfies a major closing condition for the Merger.
- The Merger is expected to close in the third quarter of calendar year 2026.
- Special meeting of shareholders to approve the Merger is scheduled for July 16, 2026.
Price Impact
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