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VOL. 129 | NO. 6 | Thursday, January 09, 2014

Health Management Holders Approve Sale to CHS

AP

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FRANKLIN, Tenn. (AP)Health Management Associates Inc. shareholders have approved the company's sale to competitor Community Health Systems.

HMA's board recommended in November that shareholders vote for the sale.

The deal values Naples, Fla.-based HMA at $13.78 per share. The companies have put the total value of the cash-and-stock transaction at $7.6 billion, including HMA's debt.

Community Health Systems Inc., which is based in Franklin, Tenn., offered to buy HMA in late June.

The transaction is expected to close before the end of the month.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 63 63 3,818
MORTGAGES 79 79 5,345
FORECLOSURE NOTICES 0 0 1,200
BUILDING PERMITS 0 0 9,139
BANKRUPTCIES 43 43 3,699
BUSINESS LICENSES 26 26 1,580
UTILITY CONNECTIONS 107 107 5,050
MARRIAGE LICENSES 26 26 1,050

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