News: Tenet Healthcare Corp (THC.N)

THC.N on New York Stock Exchange

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Mon, Jun 24 2013

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Hospital chain Tenet to buy Vanguard Health for $1.73 billion

- U.S. hospital operator Tenet Healthcare Corp said on Monday it will buy smaller rival Vanguard Health Systems Inc for $1.73 billion, putting it in a better position to benefit from the millions of Americans about to get insurance under President Barack Obama's healthcare reform. | Video

UPDATE 4-Hospital chain Tenet to buy Vanguard Health for $1.73 bln

June 24 - U.S. hospital operator Tenet Healthcare Corp said on Monday it will buy smaller rival Vanguard Health Systems Inc for $1.73 billion, putting it in a better position to benefit from the millions of Americans about to get insurance under President Barack Obama's healthcare reform.

Tenet acquisition of Vanguard puts M&A deal in pipeline

NEW YORK, June 24 (IFR) - Tenet Healthcare joined the high-yield pipeline of M&A deals on Monday, announcing plans to acquire smaller rival Vanguard Health Systems for USD4.3bn, including the assumption of USD2.5bn of debt.

Tenet Healthcare to buy Vanguard Health for $4.3 bln

June 24 - U.S. hospital operator Tenet Healthcare Corp will buy smaller rival Vanguard Health Systems Inc for $4.3 billion including debt to expand into new geographies.

ANALYSIS-Hospital investors sold on U.S. health reform despite bumps

CHICAGO, June 19 - Shares of U.S. hospital operators have been on a tear this year, on average posting triple the gains of the broader stock market, as investors tallied up the benefits of President Barack Obama's healthcare reform.

Analysis: Hospital investors sold on U.S. health reform despite bumps

CHICAGO - Shares of U.S. hospital operators have been on a tear this year, on average posting triple the gains of the broader stock market, as investors tallied up the benefits of President Barack Obama's healthcare reform.

Fitch Rates Tenet Healthcare Corporation's Secured Notes Offering 'BB/RR1'

(The following statement was released by the rating agency) NEW YORK, May 15 (Fitch) Fitch Ratings has assigned a 'BB/RR1' rating to Tenet Healthcare Corp.'s (Tenet) $1.05 billion secured notes offering. The ratings apply to approximately $3.3 billion of secured debt at March 31, 2012. The Rating Outlook is Stable. A full list of ratings follows at the end of this release. Tenet will use the proceeds of the $1.05 billion senior secured notes issuance to retire $925 million of its 8.875% se

Tenet Healthcare eager to expand in existing markets

NEW YORK - Tenet Healthcare Corp is eyeing growth through acquisitions or partnerships in regions where it already has a presence and would consider buying a larger system to gain entry into a new geographic market, its chief executive said on Tuesday.

Tenet hospitals see role in signing up Americans for Obamacare

NEW YORK - Tenet Healthcare Corp sees its hospitals playing a role in signing up uninsured Americans for President Barack Obama's healthcare overhaul, particularly in states that are balking at implementing the reform.

REUTERS SUMMIT-Tenet hospitals see role in signing up Americans for Obamacare

(For other news from Reuters Health Summit, click on http://www.reuters.com/summit/Health13)

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