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Federal Trade Commission Grants Early Termination of Waiting Period under U.S. Hart-Scott-Rodino Act for Acquisition of Horizon Health Corporation by Psychiatric Solutions, Inc.

Publication: Business Wire
Publication Date: 25-MAY-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
LEWISVILLE, Texas -- Horizon Health Corporation (NASDAQ: HORC) ("Horizon Health") today announced that it has been notified by the Federal Trade Commission ("FTC") that the FTC has granted early termination of the waiting period imposed by the Hart-Scott-Rodino Antitrust Improvements Act of 1976, in connection with the pending acquisition of Horizon Health by Psychiatric Solutions, Inc. ("PSI"). As a result, Horizon Health expects that the acquisition of Horizon Health by PSI will be completed on May 31, 2007, subject to customary...

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