Community Health Systems (CYH) Said Exploring Options, Including Possible Sale

September 16, 2016 3:51 PM EDT

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(Updated - September 16, 2016 3:55 PM EDT)

Community Health Systems (NYSE: CYH) said exploring options, including sale, according to Bloomberg.

UPDATE - Community Health has been working with advisors on a potential deal, though talks are said to be in an early stage and there's no certainty that a deal will get done.

Community Health last carried a market value of around $1.26 billion.

Speculation of what companies might be interested in CYH wasn't available.

Shares of Community Health are up over 13 percent amid the news.

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