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SunLink Health Systems Subsidiary Sells Chestatee Regional Hospital in Dahlonega, Georgia

August 19, 2016 4:35 PM EDT

ATLANTA--(BUSINESS WIRE)-- SunLink Health Systems, Inc. (NYSE:MKT: SSY) today announced that a subsidiary has sold its Chestatee Regional Hospital in Dahlonega, GA for approximately $15,000,000. The company expects to recognize an after tax gain (utilizing available net operating loss carry-forwards) of approximately $7,000,000 on the transaction which closed on August 19, 2016. A portion of the proceeds will... More