Recent Updates — CCRN
On July 21, 2026, Cross Country Healthcare, Inc. completed its merger with KL Criss Cross Merger Sub, Inc., a subsidiary of Knox Lane. Under the terms of the merger, each share of common stock was converted into the right to receive $13.25 in cash. The company's stock was suspended from Nasdaq trading, and it became a wholly-owned subsidiary of Knox Lane, marking a transition to private ownership. Kevin C. Clark retired, and Joel Tremblay was appointed Chief Executive Officer. The company operates in the healthcare workforce solutions industry, providing staffing, advisory, and technology services to healthcare organizations.
Cross Country Healthcare, Inc. stockholders approved the Merger Agreement to be merged with KL Criss Cross Intermediate, LLC, making the Company a wholly-owned subsidiary of Parent. The merger is expected to close in the third quarter of 2026, which will result in the Company's common stock being delisted from the NASDAQ Stock Market LLC. Cross Country Healthcare, Inc. operates in the healthcare staffing and services industry.
Cross Country Healthcare, Inc. announced that the Hart-Scott-Rodino Antitrust Improvements Act waiting period for its merger with KL Criss Cross Intermediate, LLC and the sale of its locums business division to All Star Healthcare Solutions expired on June 22, 2026. The merger is expected to close in the third quarter of 2026, with a shareholder special meeting to approve the transaction is scheduled for July 16, 2026. Cross Country Healthcare, Inc. operates in the healthcare staffing industry and provides locum tenens and locum tenens services.