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Tenet Healthcare (THC) rejects a third buyout proposal from Community Health Systems (CYH), at...

Tenet Healthcare (THC) rejects a third buyout proposal from Community Health Systems (CYH), at $7.25/share, saying that the $3.52B offer undervalues the company. Additionally, Tenet authorizes a $400M stock repurchase program. THC -2%, CYH +3.2% premarket. (PR)
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