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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 This material may not be published, broadcast, rewritten or redistributed.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 60 179 1,143
MORTGAGES 61 224 1,543
FORECLOSURE NOTICES 32 59 356
BUILDING PERMITS 575 943 2,933
BANKRUPTCIES 61 174 1,117
BUSINESS LICENSES 27 87 481
UTILITY CONNECTIONS 68 216 1,541
MARRIAGE LICENSES 7 37 231

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