FTC Seeks More Information on Amazon’s $3.9B One Medical Buy

Amazon and One Medical each received a “second request” Friday from the FTC for “additional information and documentary materials” in connection with the agency’s review of Amazon’s proposed $3.9 billion telehealth company buy (see 2207210003), said One Medical in an 8-K filing at the SEC. The FTC’s request extends the Hart-Scott-Rodino waiting period until 30 days after the companies comply with it, unless the agency terminates the waiting period sooner, said the filing. Amazon and One Medical “expect to promptly respond” to the FTC and to continue “to work cooperatively” with the agency in its review of the transaction, it said. One Medical scheduled a Sept. 22 virtual special meeting for shareholders to vote on the proposed Amazon buy.