Nashville, Tenn., (November 14, 2016) – Bass, Berry & Sims was recognized by The M&A Advisor for our work on behalf of Community Health Systems in the spinoff of Quorum Health Corporation and disposition of 38 hospitals. The transaction was named the “Corporate & Strategic Deal of the Year (over $500MM)” at the 2016 M&A Advisor Awards 15th Annual Gala held on November 9, 2016, in New York City.
Bass, Berry & Sims served on the team that completed this transaction in April 2016 that resulted in the independent, public-company formation of Quorum (NYSE: QHC) that owns or leases a portfolio of 38 hospitals across 16 states. The spin-off was the first public-public spin-off by a hospital company in more than 15 years and the first to occur in the contemporary healthcare regulatory environment.
The M&A Advisor reported that this year, more than 320 nominees, representing over 615 companies, became finalists for the awards. An independent judging committee of 35 top M&A industry experts determined the ultimate recipients of the awards.
About The M&A Advisor
The M&A Advisor was founded in 1998 to offer insights and intelligence on M&A activities. Over the past 18 years the firm has established the premier global network of M&A, Turnaround and Finance professionals. Today, The M&A Advisor has the privilege of presenting, recognizing the achievements of, and facilitating connections between the industry’s top performers throughout the world with a comprehensive range of services. To learn more visit www.maadvisor.com.
About Bass, Berry & Sims PLC
With more than 260 attorneys representing numerous publicly traded companies and Fortune 500 businesses, Bass, Berry & Sims has been involved in some of the largest and most significant litigation matters and business transactions in the country. For more information, visit www.bassberry.com.