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Tenet Rejects, CHS Withdraws ‘Final Offer’
Health Leaders Media

In a unanimous vote, the Tenet Healthcare board once again rejected Monday an unsolicited offer from Community Health Systems Inc. to acquire the Dallas-based healthcare services company.

In a statement issued Monday evening, Community Health Systems announced that it “has withdrawn its offer” to acquire all of the outstanding shares of Tenet’s common stock and has also “withdrawn its nominees” for election to Tenet’s board.