Georgia ProtonCare Center Inc. (“GPCC” or “the Company”) announces that it has entered into an asset purchase agreement with Emory University, by and on behalf of Emory University Hospital Midtown (“Emory”) to purchase substantially all of its assets plus the assumption of certain liabilities. To ensure seamless continuation of care for patients, facilitate an orderly sale process, and maximize the value of the Company’s assets, GPCC filed a voluntary petition to commence a Chapter 11 proceeding in the United States Bankruptcy Court for the Northern District of Georgia. Emory is the “stalking horse” bidder.
Read the full article: Georgia ProtonCare Center, Inc. Files Chapter 11 to Facilitate Competitive Sale Process and Enters into Asset Purchase Agreement with Emory Healthcare //
Source: https://www.businesswire.com/news/home/20260122290277/en/Georgia-ProtonCare-Center-Inc.-Files-Chapter-11-to-Facilitate-Competitive-Sale-Process-and-Enters-Into-Asset-Purchase-Agreement-With-Emory-Healthcare