Bondholder Preston Hollow beats UI Hospitals and Clinics in auction for Mercy IC assets
This is a developing story. Check back for updates. Bondholder Preston Hollow Community Capital topped the University of Iowa’s $20 million bid to acquire Mercy Iowa City and its assets in a prolonged auction. The decision was announced late Tuesday evening after several days of talks between Mercy Iowa City, Preston Hollow, and a committee...
Source: dailyiowan.com