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Stock impact report

CMC, HCA edge closer to partnership [Yahoo! Finance]

HCA Healthcare, Inc. (HCA) 
Last hca healthcare, inc. earnings: 4/21 08:30 am Check Earnings Report
US:NYSE Investor Relations: investor.hcahealthcare.com
Company Research Source: Yahoo! Finance
An announcement is expected this month, according to a source close to CMC. "They're close enough to the finish line" to talk about next steps, the source said Tuesday. In September, the nonprofit Manchester hospital and the for-profit HCA announced they had signed a non-binding letter of intent to explore a partnership. It was unclear whether one entity would acquire the other or operate under a looser affiliation-type structure. In an email Tuesday, a hospital spokeswoman said the potential deal could be one "where CMC would join HCA Healthcare." "Negotiations are ongoing and we can't answer what the final structure will be until those negotiations are complete," Laura Montenegro, director of communications & public relations at CMC, said in a follow-up email. "The ongoing discussions regarding a potential agreement, where CMC would join HCA Healthcare, have progressed steadily since last fall, with both parties actively engaged in the thorough due diligence process nec Show less Read more
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