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Article: Pennsylvania Hospital Firm's Timing Pays Off with Initial Public Offering.
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- April 6, 2001
CopyrightCOPYRIGHT 2001 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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By Tom Dochat, The Patriot-News, Harrisburg, Pa. Knight Ridder/Tribune Business News
Apr. 6--On Tuesday, when the stock market was in the dumps, officials at Select Medical Corp. decided to hold off on pricing the company's initial public stock offering.
Yesterday, with the schizoid market riding high, the Lower Allen Twp.-based provider of hospital and rehabilitation services braved the waters and was rewarded with a modest surge of its stock on the Nasdaq Stock Market.
After being priced late Wednesday at $9.50 a share, Select Medical stock began trading at 10:45 a.m. Thursday under the ticker symbol SLMC. It ended the day at $10.12[1/2] a ...
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Article: New federal rule limits hospital model for Pennsylvania-based ...
Knight Ridder/Tribune Business News;
September 26, 2004 ;
700+ words
... ... shareholders at the annual meeting of Select Medical Corp., CEO Robert A. Ortenzio said ... have severely hampered operation of Select Medical's long-term, acute-care hospitals ... hospitals such as those operated by Select Medical could admit no more than 25 percent ...
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