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Tenet Healthcare (THC) announces a series of new financial initiatives including a $500M share...

  • Monday, October 1, 2012, 9:13 AM ET
    Tenet Healthcare (THC) announces a series of new financial initiatives including a $500M share repurchase plan, a reverse split for shares, and $800M of new debt that will be used in part of retire higher-interest notes. The company also says it expects to make near-term acquisitions in the neighborhood of $400M. THC +2.2% premarket.
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