Cross Country Healthcare Terminates Merger Agreement With Aya Healthcare

Cross Country Healthcare, Inc. announced the termination of its Agreement and Plan of Merger with Aya Healthcare. In connection with the termination of the Merger Agreement, Aya Healthcare is required to pay Cross Country Healthcare a termination fee of $20 million.

The consummation of the Merger Agreement was subject to the satisfaction of several closing conditions, including, without limitation, the successful completion of a review by the U.S. Federal Trade Commission (FTC) under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR).

Following a request for additional information from the FTC received on February 20, 2025, by the . . .