|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||7.15 - 7.45|
|52 Week Range||4.15 - 11.74|
|PE Ratio (TTM)||-1.29|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
HCA Healthcare and Universal Health Services are the only outfits capable of buying Tenet in whole, but such a move would run counter to their growth strategies.
Tenet Healthcare Corp (NYSE:THC) shares are soaring Thursday as the company is reportedly seeking a buyer to take over. For-profit hospital chains like HCA Healthcare Inc (NYSE:HCA) or Community Health Systems (NYSE:CYH) could be interested. A sale is not certain as Tenet Healthcare is seeking a way to restructure its finances, with a sale being the most likely outcome.
Tenet Healthcare watched its shares make a handy gain early on Thursday after The Wall Street Journal announced that it was exploring the possibility of a sale.