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Community Health Systems, Inc.
Community Health Systems and Texas Health Resources Announce Execution of Legal Settlement
March 1st, 2009
Community Health Systems, Inc. (NYSE: CYH) and Texas Health Resources announced that Texas Health Resources and Triad-Denton Hospital, GP, LLC, Triad-Denton Hospital, L.P., and certain of their affiliated companies have executed a previously announced settlement agreement regarding an action that was pending in the United States District Court of the Eastern District of Texas. Under terms of the settlement, Triad-Denton Hospital, GP, LLC and Triad-Denton Hospital, L.P. will convey their partnership units in a partnership with Texas Health Resources that owns Presbyterian Hospital of Denton in Denton, Texas, and other related hospital assets to Texas Health Resources, or...
Source: Pharma Investments, Ventures & Law Weekly (2009-03-01)
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