Effective October 1, 2013, Vanguard Health Systems is a part of Tenet Healthcare. Please visit Tenet's LinkedIn page at http://www.linkedin.com/company/5315?trk=tyah&trkInfo=tas%3Atenet%20health
Press Release:
Tenet Healthcare Corporation (NYSE:THC) has completed its previously announced acquisition of Vanguard Health Systems, Inc. for approximately $4.3 billion, or $21.00 per share of Vanguard stock, including the assumption of $2.5 billion of net Vanguard debt. “Through this acquisition, we have significantly increased our scale and expanded the services we offer,” said Trevor Fetter, Tenet’s president and chief executive officer. “We intend to be a leader in addressing the opportunities in our healthcare system, and we are strongly positioned to drive improvements in quality and value for the millions of people to whom we provide care."
Read the full release here: http://www.tenethealth.com/News/Documents/2013%20Press%20Releases/Tenet%20Completes%20Acquisition%20of%20Vanguard.pdf
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