Steward Gets More Time to Close Landmark Medical Center Deal

Rhode Island Attorney General Peter Kilmartin has given Boston-based Steward Health Care more time to close its acquisition of Landmark Medical Center in Woonsocket, R.I.

Advertisement

Last week, Steward requested that Mr. Kilmartin waive a condition he set when approving the deal, which required Steward to complete the acquisition in 60 days. Following the condition, the deal should have been completed by July 27.

In a statement, Mr. Kilmartin said he denied Steward’s request to waive the condition, but did amend the closing date, extending it to Aug. 31.

More Articles on Steward Healthcare, Landmark Medical Center Deal:

Steward Health Care Requests Extra Time to Close Landmark Medical Center Merger
Rhode Island Attorney General Approves Steward, Landmark Medical Merger
Steward Wants Terms of Landmark Merger Changed

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Advertisement

Next Up in Transactions & Valuation Issues

Advertisement

Comments are closed.