CHS terminates sale of three Pennsylvania hospitals after buyer fails to secure bond financing

COMMUNITY HEALTH SYSTEMS INC

WoodBridge could not satisfy funding requirements due to bond issuance developments; no termination fee payable.
Hospitals involved: Regional Hospital of Scranton, Moses Taylor Hospital, Wilkes-Barre General Hospital.
Purchase Agreement dated July 30, 2024 mutually terminated on November 22, 2024.
Company will evaluate future options for Commonwealth Health System.

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