Cahill Represents Ascend Health in Completion of Acquisition by Universal Health Services
Date: 10/10/12
Cahill advised Ascend Health Corporation in the completion of its acquisition by Universal Health Services, Inc. (UHS) whereby UHS acquired Ascend for approximately $522 million.
Prior to the completion of the transaction, Ascend was the largest private psychiatric hospital provider with 9 owned or leased freestanding psychiatric inpatient facilities located in 5 states including Texas, Arizona, Utah, Oregon and Washington. Ascend will continue to operate as a wholly-owned subsidiary of UHS, one of the nation's largest hospital companies operating, through its subsidiaries, behavioral healthcare facilities, acute care hospitals and ambulatory centers throughout the United States, Puerto Rico and the U.S. Virgin Islands.