“We’re hopeful that rational people will prevail here in terms of the thought process,” said Mr. Smith. “We think it is fully priced at $6 a share. If you look at what we’ve [been] paying for hospitals over the last couple of years, it’s been a lot less than this,” according to the report.
CHS offered Tenet at $3.3 billion equity bid last week, but Tenet rebuked the unsolicited offer.
Read the Dallas Business Journal report on CHS’s bid for Tenet.
Read more coverage on CHS’s bid for Tenet:
– Community Health’s Bid to Buy Tenet May Not be Over
– Tenet Rejects $3.3B Bid From Community Health Systems
– CHS Offers $3.3B Bid for Tenet
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
