In what may be seen as a low blow, Tenet Healthcare has used a new tactic to try and fend off a hostile takeover by Community Health Systems. Brentwood, Tenn.-based CHS filed an unsolicited bid to ...
Tenet Healthcare Corp., having fended off Community Health Systems Inc.'s hostile takeover bid, now must show it was right to reject the deal without even negotiating with its peer hospital operator.
The system’s executives declined to say how the GOP’s recently passed megabill, which includes steep cuts to healthcare programs, would impact the company during an earnings call. Tenet attributed its ...