Modern Healthcare: Alvarez & Marsal Advises HMA
Modern Healthcare reported that Health Management Associates’ newly elected board of directors has retained new financial and legal advisers to evaluate the $3.9 billion takeover offer from Community Health Systems. HMA’s advisory team now includes Lazard Freres, UBS Securities, Alvarez & Marsal and law firm Paul Weiss Rifkind Wharton & Garrison. The chain had previously worked with Morgan Stanley and law firm Weil Gotshal & Manges to help sell the company, according to Modern Healthcare.
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