Tenet Healthcare completed the sale of its five Atlanta-area hospitals to WellStar Health System, according to Inside Trade.
Here are four notes:
1. The transaction was valued at $575 million in cash.
2. The deal went into effect on March 31, 2016.
3. As per the agreement, Tenet will retain certain net working capital accounts.
4. WellStar will assume certain capital leases related to the acquired facilities' operations.
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