- 4 -
FINDINGS OF FACT
Some of the facts have been stipulated for trial pursuant to
Rule 91. The parties' stipulations of fact are incorporated
herein by reference and are found as facts in the instant case.
In General
Petitioners are members of an affiliated group of
corporations of which HCA is the common parent. HCA was
incorporated during 1960 under the laws of the State of Tennessee
as Park View Hospital, Inc. During 1968, Park View Hospital,
Inc. joined with 11 other hospitals to form HCA. After that
date, and through the years in issue, HCA's stock was publicly
held and traded on the New York Stock Exchange.3
HCA maintained its principal offices in Nashville,
Tennessee, on the date the petitions were filed. For each of the
years involved in the instant case, HCA and its domestic
subsidiaries filed a consolidated Federal corporate income tax
3 On Mar. 17, 1989, a group consisting of HCA key management
and certain outside investors acquired control of HCA and caused
it to purchase all of the stock held by the public shareholders,
and they then transformed HCA from a publicly held corporation to
a privately held corporation. On Mar. 4, 1992, HCA again went
public and changed its name to HCA-Hospital Corporation of
America. On Feb. 10, 1994, HCA was merged with and into Galen
Healthcare, Inc., a subsidiary of Columbia Healthcare Corp. of
Louisville, Kentucky, and the subsidiary changed its name to HCA-
Hospital Corp. of America. On that same date, the parent changed
its name to Columbia/HCA Healthcare Corporation.
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