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Tenet will seek damages for fending off CHS
Los Angeles Business Journal

Dallas-based Tenet Healthcare Corp. will seek damages for the cost of resisting Franklin-based Community Health Systems, Bloomberg is reporting. A lawyer for Tenet (NYSE: THC) made the announcement in Dallas today after a hearing in the company’s suit against CHS (NYSE: CYH), in which Tenet accuses CHS of improperly billing Medicare. CHS announced that it was dropping its efforts to acquire Tenet earlier this week, after Tenet turned down a $7.3 billion offer, CHS’s third.