Concord Medical Services Announces Share Repurchase Program
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Concord Medical Services (CCM) Closes Acquisition of Additional MD Anderson Stake
August 12, 2015 7:58 AM EDTConcord Medical Services (NYSE: CCM) announced that it has closed the acquisition of additional ownership interest of The University of Texas MD Anderson Cancer Center ("MD Anderson") Proton Therapy Center ("MD Anderson Proton Therapy Center" ). The purchase price of the all-cash transaction was not disclosed. Concord Medical purchased the interest from an existing owner of the general partner, and the transaction does not affect MD Anderson's majority ownership in the Proton Therapy Center.
With the closing, Concord Medical is now the controlling shareholder of PTC-Houston Management, LP (PTCHM), the general partner of the... More
