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ONEM 1Life Healthcare Inc

16.47
0.00 (0.00%)
05 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
1Life Healthcare Inc NASDAQ:ONEM NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 16.47 22.00 16.54 0 01:00:00

FTC Won't Challenge Amazon's Acquisition of 1Life Healthcare, Bloomberg Reports

21/02/2023 11:04pm

Dow Jones News


1Life Healthcare (NASDAQ:ONEM)
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From Jul 2022 to Jul 2024

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By Denny Jacob

 

--The Federal Trade Commission won't challenge Amazon.com Inc.'s acquisition of 1Life Healthcare Inc., which operates a primary-care practice under the name One Medical, a move that will allow the deal to close later this week, Bloomberg reported, citing people familiar with the decision.

--The agency plans to issue a letter to the companies warning them that the investigation remains open despite the statutory deadline for the antitrust review set to expire, the report said.

--Shares of 1Life Healthcare were up 8.4% to $17.86 in after-hours trading, while Amazon was virtually flat.

--The FTC didn't immediately respond to a request for comment from Dow Jones Newswires.

Full story at https://www.bloomberg.com/news/articles/2023-02-21/amazon-s-one-medical-purchase-to-avoid-ftc-challenge?sref=b0us4KbN#xj4y7vzkg

 

Write to Denny Jacob at denny.jacob@wsj.com

 

(END) Dow Jones Newswires

February 21, 2023 17:49 ET (22:49 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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