Tenet healthcare to sell five birmingham hospitals to orlando health

Dallas--(business wire)--tenet healthcare corporation (nyse: thc) has entered into a definitive agreement with orlando health for the sale of tenet's 70% majority ownership interest in brookwood baptist health in birmingham for approximately $910 million in cash (after-tax proceeds of approximately $790 million). the transaction will include five hospitals – brookwood baptist medical center, princeton baptist medical center, walker baptist medical center, shelby baptist medical center, citizens.
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