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Monday, March 23, 2015

Takeover Digest - Wall Street Journal - March 23, (NYQ: THC)

The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. * Tenet Healthcare Corp is nearing a deal to purchase United Surgical Partners International Inc as a number of hospital networks seek mergers amid sweeping changes in the U.S. healthcare system. (* China National Chemical Corp and other investors are making a bid for Pirelli & C SpA that could value the Italian tire maker at around $7.7 billion - one of the largest overseas acquisitions by a Chinese state firm in recent years. (

Tenet Healthcare Corporation along with its subsidiaries is an investor-owned health care services company. Shares of THC fell by 1.49% or $-0.75/share to $49.62. In the past year, the shares have traded as low as $37.95 and as high as $63.61. On average, 1797940 shares of THC exchange hands on a given day and today's volume is recorded at 1851241.