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Community Health Offered to Buy Tenet Healthcare, Was Rejected

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Dec. 9 (Bloomberg) -- Community Health Systems Inc. said it offered to buy Tenet Healthcare Corp. for $6 a share in cash and stock and was rejected.

Community Health offered $5 a share in cash and $1 a share in stock on Nov. 12 and was rejected by Tenet on Dec. 6.

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To contact the editor responsible for this story: Jeran Wittenstein at jwittenstei1@bloomberg.net

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