River City Stories

Monday, July 24, 2006

Well, I spoke too soon

Just a quick note tonight. You'll notice that a few days ago, I posted a story about a failed leveraged buyout of HCA Healthcare, the country's largest investor-owned hospital chain. Well, this morning, it was announced that a deal had been reached with the group of investors for $21B and some change plus the $11-or-so Billion in debt. The story is far from over and it will be interesting to see what Dr. Thomas Frist, Jr., the son of the original founder of HCA has in mind for the company. So for all you non-healthcare people, consider yourself caught up!

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