Waiting period over for VRad, NightHawk merger

The Hart-Scott-Rodino waiting period has terminated for teleradiology services provider Virtual Radiologic's proposed acquisition of NightHawk Radiology Services.

The transaction, valued at approximately $170 million, is expected to close late in the fourth quarter or early in the first quarter of 2011, according to Virtual Radiologic of Eden Prairie, MN, and NightHawk of Scottsdale, AZ.

Related Reading

Lawsuits filed after NightHawk, VRad deal, September 28, 2010

Virtual Radiologic bids for NightHawk, September 27, 2010

Report: Remote radiology market is active, fragmented, September 14, 2010

Virtual Radiologic forms NY alliance, August 30, 2010

NightHawk debuts peer-review program, August 12, 2010

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