Daily News: September 26, 2013

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.

To read the entire Modern Healthcare story, click here.