Aveanna Healthcare’s $1.25 Billion Acquisition Of Maxim Is Terminated After FTC Investigation
Atlanta, Georgia-based Aveanna Healthcare’s agreement to acquire the home health care division of Maxim Healthcare Services—for a reported $1.25 billion—has officially been terminated. The termination of the proposed acquisition follows an investigation that was conducted by the Federal Trade Commission (FTC).
Aveanna Healthcare and Maxim Healthcare Services originally announced their deal last February. Since then, FTC regulators raised concerns over the deal’s potential impact on markets for nursing services and for private-duty nursing care. Regulators launched an investigation that lasted several months. There were a number of concerns about the possible effects of . . .