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FTC Issues Second Request on Proposed MiMedx-Sanara Merger

The FTC is seeking additional documents and information from both companies regarding their proposed merger. Shares of Sanara MedTech and MiMedx fell on Friday.

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Shares of Sanara MedTech (SMTI) and MiMedx Group (MDXG) slumped on Friday after a regulatory request regarding their proposed merger to form a regenerative medicine company.The Federal Trade Commission (FTC) issued a Second Request, seeking additional documents and information from both companies a…