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Industry News: ASC operator accepts takeover offer

Ambulatory Surgery Reimbursement Update, February 6, 2007

Triad Hospitals Inc., which operates 13 ASCs and 54 hospitals, accepted Monday a $4.7 billion takeover offer from affiliates of CCMP Capital Advisors and GS Capital Partners, according to Reuters.

Pressure of Triad's management to improve investor return was a driving force in Triad accepting the offer.

To view the Reuters report, click here.

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