» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation LinksHome >
VOL. 129 | NO. 6 | Thursday, January 9, 2014

Health Management Holders Approve Sale to CHS

AP

Print | Front Page | Email this story | Comments ()

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 This material may not be published, broadcast, rewritten or redistributed.

Sign-Up For Our Free Email Edition
Get the news first with our daily email


 
Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 110 405 5,939
MORTGAGES 141 492 7,092
FORECLOSURE NOTICES 0 85 1,115
BUILDING PERMITS 161 1,006 12,591
BANKRUPTCIES 43 259 4,347
BUSINESS LICENSES 49 184 2,363
UTILITY CONNECTIONS 22 160 2,540
MARRIAGE LICENSES 31 108 1,235

Weekly Edition

Issues | About

The Memphis News: Business, politics, and the public interest.