Posted: May 5, 11:12 a.m. CDT
Franklin-based IASIS Healthcare Corp. is being acquired for approximately $1.4 billion by Texas Pacific Group, a private equity firm.
IASIS, formed in 1999 by JLL Partners and other investors, owns and operates 14 acute care hospitals and health care facilities.
In connection with the transaction, an affiliate of JLL Partners, management and other investors will make additional investment in the company.
See more details in Thursday