Just Say No: Tenet Says Bid “Grossly Undervalues” the Company

April 26, 2011

In a great job of negotiating strategy and/or board restraint, Tenet rejected a revised $3.3 billion offer from Community Health Systems. Tenet’s Board felt that $6 per share was insufficient.  Hopefully, the Board holds out for substantially more.

Share/Bookmark

{ 0 comments… add one now }

Leave a Comment

Previous post:

Next post: