Community Health Systems (NYSE:CYH) said Tuesday it would sell 2 hospitals in North Carolina for about $320 million to subsidiaries of Novant Health.
The sale includes the 123-bed Lake Norman Regional Medical Center, an acute care hospital in Mooresville, and Davis Regional Medical Center in Statesville.
The transaction is expected to close later this year.
Press Release.
Shares +2.2% at $6.20 after hours.
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