If You Can’t Beat Them and You Can’t Join Them: Geisinger-Evangelical’s Warning for Partial Acquisitions
This Briefing is brought to you by AHLA’s Antitrust Practice Group.
- January 04, 2021
- Jeny M. Maier , Axinn Veltrop & Harkrider LLP
- Adam S. Cella , Axinn Veltrop & Harkrider LLP
On February 1, 2019, Geisinger Health (Geisinger) and Evangelical Community Hospital (Evangelical) executed a “Collaboration Agreement.” As part of this proposed agreement, Geisinger agreed to acquire a 30% interest in Evangelical in exchange for $100 million towards intellectual property licensing and investment projects. The agreement also provides additional rights to Geisinger, including certain approvals over Evangelical’s strategic decisions.
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