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Stock impact report

Select Medical Holdings Corporation Announces Expiration of Hart-Scott-Rodino Waiting Period [Yahoo! Finance]

Select Medical Holdings Corporation (SEM) 
Last select medical holdings corporation earnings: 4/30 04:30 pm Check Earnings Report
Company Research Source: Yahoo! Finance
today that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, which applies to the proposed acquisition of Select Medical by a wholly owned subsidiary of WCAS XIV, L.P., an investment fund affiliated with Welsh, Carson, Anderson & Stowe ("WCAS") and a member of a consortium (the "Consortium") led by Robert A. Ortenzio, Executive Chairman, Co-Founder and Director of Select Medical, and Martin F. Jackson, Senior Executive Vice President of Strategic Finance and Operations of Select Medical (such transaction, the "Merger"), expired at 11:59 p.m. Eastern Time, on April 27, 2026. The Merger is expected to close mid-2026, subject to the approval of Select Medical's stockholders (including the approval of a majority of shares not held by the Consortium or its affiliates) and satisfaction of other customary closing conditions. About Select Medical Select Medical is one of the largest operators of critical illness recovery hospitals, rehabilitati Show less Read more
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