|Chennai||Rs. 27770.00 (-0.14%)|
|Mumbai||Rs. 29200.00 (2.31%)|
|Delhi||Rs. 27900.00 (-0.36%)|
|Kolkata||Rs. 28270.00 (1%)|
|Kerala||Rs. 27050.00 (-0.37%)|
|Bangalore||Rs. 27550.00 (1.66%)|
|Hyderabad||Rs. 27770.00 (-0.14%)|
: Community Health Systems Inc. plans to spend $3.9 billion to acquire Health Management Associates Inc. in a deal that would create the largest for-profit hospital chain based on the number of hospitals.
HOW BIG?: The deal would create a chain with about 206 hospitals in 29 states with a heavy presence in the South.
THE PARTICULARS: Community Health said Tuesday it will pay a combination of cash and stock valued at $13.78 for each HMA share. It also may make an additional contingent value right payment of up to $1 per share.