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Cross Country Healthcare, Inc. (NASDAQ:CCRN), a healthcare staffing company with a market capitalization of $417 million and strong financial health according to InvestingPro, announced Wednesday that the end date for its pending merger with Aya Holdings II Inc. has been automatically extended from September 3, 2025, to December 3, 2025. The extension was made in accordance with the terms of the Agreement and Plan of Merger originally signed on December 3, 2024. Other terms of the merger agreement remain unchanged.
The merger involves Spark Merger Sub One Inc., a wholly owned subsidiary of Aya Holdings II Inc., merging with and into Cross Country Healthcare. Aya Healthcare, Inc. is also a party to the agreement for certain limited purposes.
According to the company’s statement, both Cross Country Healthcare and Aya have previously received requests for additional information from the U.S. Federal Trade Commission (FTC) regarding the regulatory review of the proposed transaction. As of August 29, 2025, both companies have certified to the FTC that they have substantially complied with these requests.
The closing of the merger remains subject to the satisfaction or waiver of customary closing conditions, including the receipt of required regulatory approvals. Cross Country Healthcare stated that, subject to these conditions, the merger is expected to close in the fourth quarter of 2025.
This information is based on a press release statement included in a filing with the U.S. Securities and Exchange Commission.
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