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Columbia/HCA Healthcare Corp.

This article was originally published in The Gray Sheet

Executive Summary

New company created by Columbia Healthcare's acquisition of the Hospital Corporation of America will operate 190 hospitals with more than 42,000 beds in 26 states and two foreign countries. The new firm will have annual revenues of more than $10 bil., Columbia reports Oct. 2. The transaction is dependent on a determination that the proposed swap of Columbia stock for HCA shares is a tax-free transaction and the approval of shareholders of both companies.
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