South Dakota-based Sanford Health announced today (Thu) that it is discontinuing the merger process with Minnesota-based Fairview Health Services.
In a statement, Sanford CEO Bill Gassen said: “The significant benefits we identified for a combined system with Fairview Health Services compelled us to exhaust all potential pathways to completing our proposed merger. However, without support for this transaction from certain Minnesota stakeholders, we have determined it is in the best interest of Sanford Health to discontinue the merger process.”
Minnesota Attorney General Keith Ellison opposed the merger and held a series of public hearings.
The companies began discussing a possible merger in 2017.
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(KNOX / KVRR)