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Mercy, Preston Hollow deadlocked over definition of operating losses, freezing $29M sale

Preston Hollow Community Capital and Mercy Iowa City are at an "impasse," stalling the capital firm's $29 million acquisition of the hospital.

Dispute over Mercy Iowa City operating losses causing delay on sale closing

Hunter 10/20/23 Preston Hollow Community Capital, Mercy Iowa City's largest bondholder and winner of an auction for its assets last week, is accusing the

Mercy Iowa City sale stalls as Mercy and the Texas-based auction winner disagree over terms

Mercy Iowa City sale stalls as Mercy and the Texas-based auction winner disagree over terms
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