The stock price of Health Management Associates took a hit as analysts noted the resignation of the company's general counsel coincided with the publication of a news story about a whistle-blower who claimed he was fired for aggressively pursuing ...
Under the terms of the agreement, CHS will acquire all of the issued and outstanding common stock of HMA for a combination of cash and CHS stock currently valued at $13.78 per HMA share, based on CHS’ closing stock price as of July 29, 2013, and ...
But HMA also has $400.3 million of available credit. Glen Losev, an analyst with WallachBeth Capital, said stock prices for HMA have been disappointing but unsurprising given the economy. He said he isn't recommending buying HMA stock right now ...
The transaction cleared a key sticking point when Glenview Capital Management, which owns 14.5% of Health Management Associates stock, agreed to the sale. Community Health Systems is expected to complete its acquisition during the first quarter of 2014.
An NYU professor studying the timing of executives’ charitable gifts found that some donations of stock happened just before the price of the shares fell, the WSJ reports. The fortunate timing maximized the tax break for the honchos because the IRS ...
Jun 15, 2010 (SmarTrend(R) Market Surveillance via COMTEX) -- Health Management Associates (NYSE:HMA) is one of today's notable stocks on the rise, up 2.7% to $9.02. The S&P is currently trading 0.7% higher to 1,099 and the Dow Jones Industrial Average is ...
TMCnet · 8y
... will acquire Health Management’s issued and outstanding stock in cash and CYH stock. Based on the closing price on Jul 29, the valuation is adjudged as $13.78 per HMA share. This valuation for each HMA share includes $10.50 in cash plus 0.06942 of a ...
News of his departure, which is effective July 31, came just days after HMA went on the defensive to prevent a potential takeover, adopting a shareholder rights plan that will go into effect if any investor tries to acquire more than 15% of the company.
operates 71 hospitals with 11,000 beds in 15 states. Terms of the transaction call for HMA shareholders to receive $13.78 in cash and Community Health stock for each HMA share they own. That $13.78 consists of $10.50 per share in cash plus …
CHS and HMA have entered into a definitive merger agreement under which CHS will acquire each outstanding share of HMA common stock for $10.50 in cash, 0.06942 of a share of CHS common stock and a Contingent Value Right, which could yield additional cash ...