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Universal Health Services (UHS) agrees to acquire Ascend Health for $517M, including $17M in...

  • Monday, June 4, 2012, 9:15 AM ET
    Universal Health Services (UHS) agrees to acquire Ascend Health for $517M, including $17M in debt. Ascend operates nine psychiatric hospitals in five states - Texas, Arizona, Utah, Oregon and Washington. UHS "expects the acquisition to be immediately accretive to earnings and provide organic growth and expansion opportunities."
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