Health Management Accepts Buyout Offer
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United Press International
NAPLES, Fla. — Health Management Associates Inc., an operator of general and acute care hospitals in nine states, accepted a management-led buyout offer that values the company at $84.1 million.
The company said it approved the sweetened offer of $14.75 per share on the recommendation of a special committee of independent directors formed last month to consider the bid.
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