A management-led group buying out Nashville, Tenn.-based...
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A management-led group buying out Nashville, Tenn.-based Hospital Corp. of America plans to sell some assets of the hospital management company to help finance the $3.6-billion deal, company officials said. “In order to meet its debt obligations, which include the repayment of a $1.3-billion asset sale bridge loan within two years of the merger, HCA will be required to sell certain of its assets and businesses,” the officials said in a statement. No decision has been made with respect to which assets or businesses will be sold and no such decisions are currently anticipated to be made prior to the merger, the statement said.
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