Surmodics announces District Court's rejection of preliminary injunction request
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 11 2025
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Court Ruling: The U.S. District Court for the Northern District of Illinois denied the FTC and state regulators' request for a preliminary injunction against Surmodics and GTCR LLC's proposed acquisition.
Merger Status: The merger is still subject to a Temporary Restraining Order, which prevents the parties from finalizing the merger until after 5:00 p.m. Central time on November 17.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
