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Stock impact report

Hartford HealthCare wins auction for Manchester Memorial and Rockville General hospitals for $86M [Yahoo! Finance]

Medical Properties Trust, Inc. common stock (MPW) 
Last medical properties trust, inc. common stock earnings: 4/29 06:30 pm Check Earnings Report
US:NYSE Investor Relations: medicalpropertiestrust.com
Company Research Source: Yahoo! Finance
Hartford HealthCare has won the right to buy Manchester Memorial and Rockville General hospitals for $86.1 million, according to documents filed in bankruptcy court late Saturday. No other prospective buyers stepped forward by the deadline of 5 p.m. Thursday to submit a bid for the two troubled hospitals, currently owned by for-profit Prospect Medical Holdings. Without additional bidders, a bankruptcy auction scheduled for Oct. 22 will not take place. Hartford HealthCare and Prospect officials could not immediately be reached for comment. Bidding as ECHN Holdings Inc., Hartford HealthCare agreed to buy Manchester Memorial, Rockville General and affiliated entities "free and clear of liens, claims, encumbrances, and interests," according to an asset purchase agreement filed with the notice of the winning bid on Saturday. The deal includes the land underneath the hospitals, which was sold to Alabama-based Medical Properties Trust as part of a controversial sale-leaseback transact Show less Read more
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