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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 This material may not be published, broadcast, rewritten or redistributed.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 92 374 12,495
MORTGAGES 109 432 14,525
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 160 680 26,098
BANKRUPTCIES 53 218 8,378
BUSINESS LICENSES 24 99 4,212
UTILITY CONNECTIONS 40 230 9,191
MARRIAGE LICENSES 11 49 3,055

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