Replies to post #403427 on *SCALPSWINGSTRADDLE* ($$$)

[InvestorSuisse]

Well I'm glad to here that man! :-)

[THE_YAK]

CYH raises all-cash offer for THC to $7.25 per share

Community Health Systems (CYH) has raised its all-cash offer to acquire all outstanding shares of common stock of Tenet Healthcare Corporation (THC) to $7.25 per share from $6.00 per share. The increased offer is CHS’s best and final offer based on information currently available to CHS. If Tenet has not begun good-faith discussions with CHS by May 9, at 6:00 p.m. ET, the offer will expire and CHS will withdraw its nominees for election to Tenet’s Board of Directors. Wayne T. Smith, chairman, president and CEO of CHS, said, “We are making this offer to bring this matter to a prompt conclusion in the best interests of all concerned. We call on the Tenet Board to uphold its fiduciary duties and enter into good-faith discussions with us to conclude a mutually beneficial transaction. Unless we see meaningful engagement by May 9, 2011, we will withdraw the offer and move on to the many other compelling growth opportunities available to us.

[stockystumpz]

go fast, turn left? :P i did.