Brief: Sunlink Health Systems Announces Agreement For Sale Of Parkside Ellijay Nursing Home And Real Estate

Sunlink Health Systems

01/03/2019 14:40

March 1 (Reuters) - SunLink Health Systems Inc  SSY.A :
    * SUNLINK HEALTH SYSTEMS, INC. ANNOUNCES AGREEMENT FOR SALE
OF
PARKSIDE ELLIJAY NURSING HOME AND REAL ESTATE
    * SUNLINK HEALTH SYSTEMS INC - DEAL FOR APPROXIMATELY $7.3
MILLION
    * SUNLINK HEALTH SYSTEMS INC - COMPANY SAID NET PROCEEDS OF
APPROXIMATELY $6.6 MILLION WILL BE RETAINED FOR WORKING CAPITAL
AND GENERAL CORPORATE PURPOSES
    * SUNLINK HEALTH SYSTEMS INC - COMPANY EXPECTS TO RECOGNIZE
A
PRE-TAX GAIN ON SALE OF APPROXIMATELY $2.2 MILLION IN ITS THIRD
FISCAL QUARTER ENDING MARCH 31

Source text for Eikon:  ID:nBw6Vs2Zxa 
Further company coverage:  SSY.A 

 (Reuters.Briefs@thomsonreuters.com)