Community Health Systems Announces Definitive Agreement to Acquire York, Pennsylvania Hospital

Loading...
Loading...
Community Health Systems, Inc.
CYH
announced today that subsidiaries of the Company have executed a definitive agreement to acquire substantially all of the assets of Memorial Health Systems in York, Pennsylvania. Located in one of the fastest growing counties in Pennsylvania, the health system includes 100-bed Memorial Hospital, the Surgical Center of York, and other outpatient and ancillary services. The agreement includes a commitment to construct a replacement hospital within five years of the closing date. The transaction is subject to customary federal and state regulatory approvals, including review and approval by the Attorney General of the Commonwealth of Pennsylvania.
Posted In: NewsM&A
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...