Local 5004 Merger News, Updated January 4, 2020
Recently, we provided you an update on the merger of Hackensack Meridian Health and Englewood Health. You were advised that a judgement was made by a Superior Court Judge on the matter of Hackensack Meridian Health and Englewood Health approving the merger to go forward.
HPAE has now learned that there is a stay on the proceedings for the merger until the Federal Court of New Jersey decides on the injunction request.
What does this mean?
What that means is that although the State has approved the application in Superior Court, Englewood Health and Hackensack Meridian Health cannot proceed with the actual merger until the Federal Court rules on the Federal Trade Commission’s (FTC) injunction request. This ruling will not happen until early summer.
The membership will continue to get updates as more information becomes available.
Local 5004 Executive Board