Posts Tagged: transaction
Prime Healthcare has decided not to buy six California health care facilities, a highly controversial transaction that was approved under unprecedented conditions by Attorney General Kamala Harris last month. Officials for the financially strained Daughters of Charity Health System chain say failure to complete the sale will force them to file for Chapter 11 bankruptcy.
OPINION: At a time when Californians need more access to hospital services, SB 1094 should be equipped with flashing lights and sirens. The bill politicizes transactions involving the sale or transfer of non-profit hospitals, and deserves to be vetoed by the Governor.
Comcast company trucks await assignments. (Photo: Associated Press, Gene Puskar)
A national merger between communications giants Comcast Corp. and Time Warner Cable could lead to an unprecedented consolidation of California cable and broadband markets. The pending $45 billion merger would grant Comcast — already the state’s No. 1 cable provider — a greater share of the California market, stretching from northern California and San Francisco Bay area and Sacramento region, down the Central Valley through the Los Angeles basin, east to the Nevada and Arizona lines and southeast to the Mexico border.