BUZZ-Steris Corp: Synergy Health PLC acquisition still on track

** Steris (NYSE: STE - news) up more than 6.6 pct at $67.07 after a federal court denies FTC request to block co's $1.9 bln acquisition of British sterilization services provider Synergy Health PLC

** Medical technology provider's shares having their best day since May 2014, pop back above their 50-day and 200-day moving averages for first time since Aug swoon

** FTC filed a lawsuit in May aimed at halting the deal, arguing tie-up would hurt customers of the two co's by eliminating competition

** Court judge says FTC failed to show "by a preponderance of evidence" that it was likely to succeed on the merits of the case

** Steris and Synergy shareholder votes on transaction set for Oct (HKSE: 3366-OL.HK - news) 2 and deadline to complete deal recently extended to Dec 31

** Cleveland-based Steris looks to reincorporate combined entity in Britain. So called "inversion deals" can allow US firms to get lower overseas tax treatment

** Synergy Health (Other OTC: SYHEF - news) 's stock closed before today's announcement at $1,580p/share, up about 1 pct

(RM (LSE: RM.L - news) : lance.tupper.thomsonreuters.com@reuters.net)