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WV AG Announces Antitrust Agreement

July 31st, 2015 by WCBC Radio

Attorney General Patrick Morrisey today announced his Office’s Antitrust Division has reached an agreement with Cabell Huntington Hospital, Inc., in its acquisition of St. Mary’s Medical Center. The agreement, filed Friday morning in Cabell County Circuit Court, establishes a series of conditions to ensure the acquisition complies with the West Virginia Antitrust Act, the federal Sherman Antitrust Act, and all other applicable state and federal laws.
 
“My Office takes its antitrust responsibility very seriously,” Attorney General Morrisey said. “We strive to make sure any mergers or acquisitions preserve economic competition and do not have a negative effect on the state and its citizens.”
 
In November, Cabell Huntington Hospital announced an agreement to acquire St. Mary’s after the Pallottine Missionary Sisters, the Catholic-affiliated organization that had operated the hospital for 90 years, decided to end their sponsorship of the medical center.

 

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