No Third Party Interest in Triad Hospitals/Community Health Systems Merger

Includes: CYH, TRI
by: The M & A Researcher

The West Virginia HCA "effective party" deadline for Triad Hospitals' (NYSE:TRI) merger with Community Health Systems (NYSE:CYH) did in fact expire without a single request for a "certificate of need" hearing. As a result, the HCA now has a deadline of July 16, 2007 to issue a decision in this case.

As conveyed by the HCA, the lack of an third-party interest in the case virtually assures approval on or before the designated review deadline.

Thus, this key approval should be obtained within the next two weeks, allowing the deal to close before the end of July.

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