---
schema_version: "secwatch.filing_event.v1"
accession: "0000950103-25-015716"
form_type: "8-K"
ticker: "CCRN"
cik: "0001141103"
company_name: "CROSS COUNTRY HEALTHCARE INC"
filed_at: "2025-12-04T23:59:59+00:00"
generated_at: "2026-05-16T14:30:32.613513+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Cross Country Healthcare merger with Aya Healthcare terminated; to receive $20M fee; starts buybacks

## Summary
- Merger agreement with Aya Healthcare terminated effective Dec 4, 2025 after failing to close by Dec 3, 2025 end date.
- Aya to pay Cross Country a $20 million termination fee within two business days.
- Termination due to FTC review not completed; HSR waiting period extended to Dec 30, 2025 because of 43-day government shutdown.
- Company to immediately commence share repurchases under existing $40 million authorization.
- Company reports no debt and strong cash position; refocuses on standalone strategy.

## SEC filing metadata
- accession: 0000950103-25-015716
- form_type: 8-K
- ticker: CCRN
- cik: 0001141103
- company_name: CROSS COUNTRY HEALTHCARE INC
- filed_at: 2025-12-04T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- confidence: high
- sec_items: 1.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1141103/000095010325015716/0000950103-25-015716-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1141103/000095010325015716/dp238334_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950103-25-015716
- JSON: https://secwatch.observer/filing/0000950103-25-015716.json
- Plain text: https://secwatch.observer/filing/0000950103-25-015716.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.