CRA advised the merging parties in a transaction, where the CMA had questioned whether the target company was of interest to the buyer because it was on the verge of becoming a threat to the buyer’s core business, i.e. a “killer acquisition”. CRA’s analysis of the buyer’s financial model of the target at the time of purchase played a key role in the CMA’s clearance of the merger and its conclusion that the transaction was not a killer acquisition.
Patients v. Hospitals: Why define markets at all if every market satisfies the SSNIP Test?
Hospital merger cases are won or lost on geographic market definition. The Third Circuit’s recent finding that it is appropriate to define geographic markets...