Quorum Health Corporation Responds to an Update on Potential Transaction
QUORUM HEALTH CORP (QHC)
Last quorum health corp earnings: 8/7 04:30 pm
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US:NYSE Investor Relations:
quorumhealth.com/investor-relations
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Source: Business Wire
BRENTWOOD, Tenn.--(BUSINESS WIRE)--Quorum Health Corporation (NYSE: QHC) today responded to an update provided by KKR Credit Advisors (US) LLC (“KKR”) on Tuesday March 10, 2020 regarding the previously disclosed non-binding proposal letter delivered to the Company on December 2, 2019.The Company, together with its financial and legal advisors, continues to engage in constructive discussions with KKR and other debt holders regarding a potential recapitalization or financial reorganization transaction. The Company’s objective is to reach a consensual agreement that enables it to reduce its annual interest expense, enhance its operations and invest in future growth.About Quorum Health CorporationQuorum Health Corporation is an operator of general acute care hospitals and outpatient services in the United States. Through its subsidiaries, the Company owns, leases or operates a diversified portfolio of 24 affiliated hospitals in rural and mid-sized markets located across 14 states with
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