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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 This material may not be published, broadcast, rewritten or redistributed.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 74 437 6,772
MORTGAGES 122 557 9,280
FORECLOSURE NOTICES 25 129 1,990
BUILDING PERMITS 236 716 15,738
BANKRUPTCIES 56 309 6,059
BUSINESS LICENSES 17 104 2,598
UTILITY CONNECTIONS 76 499 8,469
MARRIAGE LICENSES 31 138 1,997

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