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- Source :
-
Modern Healthcare . 4/28/2008, Vol. 38 Issue 17, p10-10. 3/4p. 1 Color Photograph. - Publication Year :
- 2008
-
Abstract
- This article reports on the move of Prime Healthcare Services to be the main creditor of the Brotman Medical Center in Culver City, California, in 2008. Brotman owes Prime about $19 million, although that could climb as high as $30 million if some default penalties are charged. Prime acknowledges that it would like to acquire Brotman, but also contends that its purchase of the loan is meant to ensure that the hospital remains a hospital and is not converted to other use.
- Subjects :
- *DEBTOR & creditor
*MERGERS & acquisitions
Subjects
Details
- Language :
- English
- ISSN :
- 01607480
- Volume :
- 38
- Issue :
- 17
- Database :
- Academic Search Index
- Journal :
- Modern Healthcare
- Publication Type :
- Periodical
- Accession number :
- 32065749