- 9 -
Subsidiaries. After the reorganization, HealthTrust became the
second largest hospital management company (after HCA) in the
United States measured by the number of domestic hospitals owned,
and the fourth largest hospital management company (after HCA,
Humana, Inc., and American Medical International, Inc.) measured
by the number of domestic beds owned.
The Purchase and Reorganization Agreement
HCA, HCAII, and HealthTrust executed a Purchase and
Reorganization Agreement on May 30, 1987 (the Original
Agreement), in which HCAII agreed to sell all of the stock of the
Subsidiaries to HealthTrust for a combination of cash, preferred
stock, and warrants to acquire shares of HealthTrust common stock
(the Acquisition).
The Original Agreement provided in pertinent part as
follows:
Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011