SPOTLIGHT: LifePoint feels shareholder pressure on HCA deal

Last week FierceHealthcare reported that hospital chain Lifepoint's desire to buy four hospitals in West Virginia and one in Virginia from competitor HCA had caused shareholder Accipiter Capital Management to go public with its opposition. Today comes news that the deal is being modified and will not close as expected. At least one of the hospitals has outstanding malpractice problems, and the shareholders were not happy with their overall financial performance. It's unclear if this is a re-negotiation or an end to the deal, which was valued at $285 million plus another $45 million in working capital. Article

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