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LHC Group and Almost Family Announce Expiration of Hart-Scott-Rodino Waiting Period for Proposed Merger
LHC Group (NASDAQ:LHCG) and Almost Family (NASDAQ:AFAM) announced today that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 with respect to the proposed business combination of LHC Group and Almost Family, has expired, satisfying one of the important conditions to the closing of the pending transaction. As quoted in the press release: …
LHC Group (NASDAQ:LHCG) and Almost Family (NASDAQ:AFAM) announced today that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 with respect to the proposed business combination of LHC Group and Almost Family, has expired, satisfying one of the important conditions to the closing of the pending transaction.
As quoted in the press release:
“The expiration of the waiting period under the HSR Act is an important step toward the closing of the proposed transaction, which remains subject to other customary closing conditions, including approval of both companies’ stockholders. We remain very excited about the combination of our two companies and, subject to the satisfactions of these closing conditions, expect the transaction to close at the end of the first quarter following both companies’ March 29, 2018 special stockholder meetings to approve the proposed transaction,” said Keith G. Myers, Chairman and Chief Executive Officer of LHC Group, and William Yarmuth, Chairman and Chief Executive Officer of Almost Family.
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