regulatory
confidence high
sentiment neutral
materiality 0.60
Globus Medical, NuVasive get FTC second request for merger; Q3 2023 close expected
GLOBUS MEDICAL INC
- FTC issued Second Request on May 3, 2023, extending HSR waiting period for the merger.
- Both companies received requisite stockholder approvals at April 27, 2023 meetings.
- Merger expected to close in Q3 2023, subject to HSR clearance and other conditions.
- Globus and NuVasive are cooperating with FTC to satisfy the Second Request.