» 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 09, 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 This material may not be published, broadcast, rewritten or redistributed.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 49 213 4,664
MORTGAGES 68 278 5,611
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 254 10,001
BANKRUPTCIES 48 141 3,608
BUSINESS LICENSES 31 98 1,833
UTILITY CONNECTIONS 0 121 3,904
MARRIAGE LICENSES 10 55 1,079

Weekly Edition

Issues | About

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