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Stock Market & Financial Investment News

News Breaks
November 23, 2012
13:31 EDTCYH Glenview Capital reports 8.39% passive stake in Community Health
News For CYH From The Last 14 Days
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September 4, 2015
16:39 EDTCYHCommunity Health files Form 10 registration statement for spin-off of Quorum
Community Health Systems announced that it has filed the initial Form 10 Registration Statement with the SEC in connection with its previously announced plan to spin off Quorum Health Corporation. The spin-off transaction will create a new, publicly traded company owning or leasing and operating 38 affiliated hospitals and related outpatient services, together with Quorum Health Resources, a subsidiary that provides management and consulting services to non-affiliated hospitals. The filing includes detailed information about the transaction and Quorum Health's operations and historical financial performance. The initial Form 10 filing will be updated with additional information in subsequent amendments. Community Health Systems, also named Quorum Health's top executives. Thomas Miller will serve as CEO of the new company, and Michael Culotta will serve as CFO. The spin-off transaction is expected to qualify as a tax-free distribution to Community Health Systems and its stockholders. The transaction is expected to close during the first quarter of 2016. Quorum Health Corporation intends to have its common stock authorized for listing on the New York Stock Exchange under the symbol "QHC."
August 25, 2015
09:26 EDTCYHRBC Capital to hold a bus tour
Healthcare Bus Tour travels throughout Nashville, TN to visit with various healthcare companies on August 25-26.

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