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Community Health Systems, Inc. announced that its wholly-owned subsidiary CHS/Community Health Systems, Inc. entered into an Asset Purchase Agreement dated March 5, 2026, with Freeman-Oak Hill Health System, d/b/a Freeman Health System, to sell substantially all assets and assume certain liabilities of four Arkansas hospitals and related businesses for $112 million, subject to adjustments. The transaction is expected to close in Q2 2026, subject to customary closing conditions.
Event Type
Disclosure
Mandatory
Variant
8-K
Entry into a Material Definitive Agreement. On March 5, 2026, CHS/Community Health Systems, Inc. (“CHS”), a wholly-owned subsidiary of Community Health Systems,
Other Events. On March 5, 2026, the Company issued a press release announcing the entry of the parties into the Purchase Agreement. A copy of this press release
Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 2.1 Purchase Agreement, dated as of March 5, 2026, among CHS/Community Health Systems
Material Agreement