Medical Facilities Corporation (“MFC” or the “Corporation”) (TSX: DR), announced that its wholly-owned subsidiary, Medical Facilities (USA) Holdings Inc. (“MFH”), has completed the sale of its 63.95555% interest in Oklahoma Spine Hospital, LLP (“OSH”), located in Oklahoma City, OK, to SSM Health Care of Oklahoma, Inc. (“SSM”) and an entity owned by OSH’s physician partners. SSM and the physician partners acquired 55.50032% and 8.45523%, respectively, of the equity securities of OSH, for a total purchase price of $46.0 million, subject to customary purchase price adjustments (the “Transaction”).
Read the full article: Medical Facilities Corporation Announces Sale of Oklahoma Spine Hospital, LLC and The Surgery Center of Newport Coast, LLC //
Source: https://www.newswire.ca/news-releases/medical-facilities-corporation-announces-sale-of-oklahoma-spine-hospital-llc-and-the-surgery-center-of-newport-coast-llc-820810440.html