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CYH - Community Health Systems divests 2 North Carolina hospitals for $320M
Community Health Systems Inc.
Community Health Systems ( NYSE: CYH ) said Tuesday it would sell 2 hospitals in North Carolina for about $320 million to subsidiaries of Novant Health.
The sale includes the 123-bed Lake Norman Regional Medical Center, an acute care hospital in Mooresville, and Davis Regional Medical Center in Statesville.
The transaction is expected to close later this year.