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Citigroup Raises Tenet Healthcare PT From $5 To $6 On Community Health Systems Offer
Friday, December 10, 2010 - 9:36am | 107Tenet Healthcare Corporation's (NYSE: THC) board rejected a $6/share (40% premium) from Community Health Systems, Inc. (NYSE: CYH), Citigroup reports. As a result, CYH has taken its bid to a public shareholder appeal. “We think the offer is fairly compelling (our PT was previously only $5) and...