Cross Country Healthcare (CCRN) has terminated its merger agreement with Aya Holdings after failing to extend the deal beyond the December 3, 2025, deadline. Aya is required to pay a $20 million termination fee to Cross Country. The merger was delayed due to an FTC Hart-Scott-Rodino review, impacted by a 43-day government shutdown. The review's completion was pushed to December 30, 2025, beyond the merger's termination date. Following the news, CCRN shares plummeted 19.6% on Thursday.
https://www.gurufocus.com/news/3233683/cross-country-healthcare-ccrn-ends-merger-with-aya-holdings
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