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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 This material may not be published, broadcast, rewritten or redistributed.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 57 307 5,073
MORTGAGES 101 483 6,709
FORECLOSURE NOTICES 22 77 1,556
BUILDING PERMITS 0 720 11,979
BANKRUPTCIES 84 341 5,300
BUSINESS LICENSES 36 125 2,061
UTILITY CONNECTIONS 152 594 7,058
MARRIAGE LICENSES 36 117 1,458

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