Vanguard tried again for Allegheny
Article Abstract:
Vanguard Health Systems is intent on acquiring as many of Allegheny's hospitals as possible, but so far it has lost the battle to competitor Tenet Healthcare Corp. Vanguard raised the bid it had made on six of the eight hospitals up for grabs but their offer was refused by Allegheny. Allegheny argues that Tenet's bid is worth more because it covers all eight hospitals, while a successful bid by Vanguard would mean a closure of two of the group of hospitals.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 1998
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Marlton company accepts a suitor
Article Abstract:
Marlton, Penn.-based MedQuist Inc., with 1999 sales of $330 million, has announced that Royal Philips Electronics NV, which is Europe's largest maker of consumer electronics, will buy a 60% stake in the company for $1.2 billion. Philips, which reported over $30 billion in annual revenue, is a leading maker of X-ray magnetic resonance imaging, and other ultrasound services.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 2000
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Universal Health buying 12 hospitals
Article Abstract:
Universal Health Services Inc. will acquire 12 psychiatric hospitals from the bankrupt Charter Behavioral Health Services, GA, worth $105 million.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 2000
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