Community Health Systems loses $120 million deal to sell three Pennsylvania hospitals
Community Health Systems’ deal to sell three of its hospitals has died. The $120 million deal with WoodBridge Healthcare for three of the Franklin-based hospital system’s Pennsylvania hospitals was terminated on Nov. 22, according to a Nov. 26 U.S. and Securities and Exchange Commission filing.
Community Health Systems Terminates Purchase Agreement With WoodBridge
Community Health Systems said Tuesday the deal was terminated because of WoodBridge's inability to satisfy the purchase agreement's funding requirements because of developments affecting the expected proceeds available to WoodBridge from the issuance of publicly offered tax-exempt and taxable bonds.
Wells Fargo & Company downgraded shares of Community Health Systems (NYSE:CYH – Free Report) from an equal weight rating to ...
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Community Health to Sell Florida Hospital to AdventHealth for $265MCommunity Health Systems, Inc. CYH unveiled that some of its subsidiaries signed a definitive deal to divest Florida-based ...
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Acquisition of local Commonwealth Health hospitals called offCommunity Health Systems (CHS) and WoodBridge Healthcare have mutually agreed to terminate the deal for WoodBridge to acquire ...
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Wells Fargo Downgrades Community Health Systems (CYH)Fintel reports that on November 25, 2024, Wells Fargo downgraded their outlook for Community Health Systems (NYSE:CYH) from ...
Don't Miss our Black Friday Offers: An update from Community Health ( (CYH)) is now available. Community Health Systems, Inc. (CHS) and WoodBridge Healthcare, Inc. have mutually agreed to ...
Several Commonwealth Health campuses in Lackawanna and Luzerne counties were involved in the sale, which has now been called ...
Community Health Systems' $120M sale of Commonwealth Health to nonprofit collapses, ending CHS' exit from Pennsylvania.
CHS has entered into an agreement to sell Florida-based ShorePoint Health Port Charlotte, certain assets of ShorePoint Health ...
An agreement that would have seen the nonprofit WoodBridge Healthcare purchase Commonwealth Health and its financially struggling hospitals collapsed after the would-be buyer was unable to secure bond ...
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