Laboratory Corporation of America Holdings (NYSE:LH) entered into a definitive agreement to acquire the assets of Clinical Outreach Laboratories from Mount Sinai Health System, Inc. on January 10, 2017. The transaction, which has already received clearance under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, is expected to close in the first quarter of 2017. Citigroup Inc. (NYSE:C) acted as a financial advisor to Mount Sinai Health System, Inc.