Sunlink Health Systems (SSY) 1.20 $SSY
SunLink Health Systems to Renew Its Shareholder Rights Plan
Business Wire - Mon Feb 24, 7:31AM CST
SunLink Health Systems, Inc. (NYSE MKT:SSY) today announced that its board of directors adopted a new Shareholder Rights Plan (the "Plan"
on February 10, 2014. The Plan is intended to encourage fair treatment of shareholders should a take-over bid be made for SunLink Health Systems, and provide the Board of Directors of SunLink Health Systems (the "Board" and the shareholders more time to consider any unsolicited take-over bid. Unless otherwise terminated in accordance with its terms, the Plan will terminate on February 9, 2021.
SunLink Health Systems, Inc. Announces Fiscal 2014 Second Quarter Results
Business Wire - Fri Feb 14, 3:59PM CST
SunLink Health Systems, Inc. (NYSE MKT: SSY) today announced a loss from continuing operations for its fiscal quarter ended December 31, 2013 of $13,000 or a loss of $0.00 per fully diluted share, compared to a loss from continuing operations of $1,395,000 or a loss of $0.15 per fully diluted share, for the quarter ended December 31, 2012. SunLink reported net earnings for the quarter ended December 31, 2013 of $227,000, or $0.02 per fully diluted share, compared to net earnings of $3,935,000, or $0.42 per fully diluted share, for the quarter ended December 31, 2012. The results for the three months ended December 31, 2012 included in earnings from discontinued operations an after tax gain of approximately $5,200,000 from the sale of substantially all of the assets of its Dexter Hospital, LLC subsidiary.
Fitch Releases Report on Rhode Island Clean Water Finance Agency
Business Wire - Fri Feb 14, 9:48AM CST
Fitch Ratings has published a report on Rhode Island Clean Water Finance Agency.
SunLink Health Systems, Inc. Responds to Unusual Market Activity
Business Wire - Fri Jan 24, 12:30PM CST
SunLink Health Systems, Inc. (NYSE MKT: SSY) (the "Company" today announced that in view of the unusual activity in the Company's stock, the New York Stock Exchange (NYSE) has contacted the Company in accordance with the NYSE's usual practice and requested that the Company respond by news release to the unusual activity.
SunLink Health Systems Inc announces departure of Jack M. Spurr as VP of Hospital Financial Operations
M2 - Thu Sep 12, 8:25AM CDT
Pharmacy company SunLink Health Systems Inc (NYSE Amex: SSY) reported on Wednesday that Jack M. Spurr is to retire as vice president of its Hospital Financial Operations, effective 30 September 2013.
SunLink Vice President Hospital Financial Operations to Retire
Business Wire - Wed Sep 11, 8:30AM CDT
SunLink Health Systems, Inc. (NYSE Amex: SSY) today announced that Jack M. Spurr has announced his retirement effective September 30, 2013.
OTC Daily Alert Stock Watch - SunLink Health Systems Inc. (NYSE:SSY)
WorldStockWire - Wed Aug 07, 11:00PM CDT
OTC Daily Alert tracks stocks daily and is pleased to offer features on public companies. Investors can receive FREE Stock Alerts and company news and profiles by visiting OTC Daily Alert at the following: http://www.otcdailyalert.com
SunLink Health Systems, Inc. Announces Fiscal 2013 Third Quarter and Nine Months Results
Business Wire - Wed May 15, 4:00PM CDT
SunLink Health Systems, Inc. (NYSE MKT: SSY) today announced a loss from continuing operations for its third fiscal quarter ended March 31, 2013 of $197,000, or $0.02 per fully diluted share, compared to a loss from continuing operations of $1,684,000, or a loss of $0.18 per fully diluted share, for the quarter ended March 31, 2012. The decrease in the loss from continuing operations in the quarter ending March 31, 2013 compared to the prior year resulted from lower interest expense and a pre-tax impairment charge of $931,000 in the quarter ended March 31, 2012. The decrease in interest expense resulted from net debt repayments of approximately $10,900,000 in the twelve months ended March 31, 2013 and lower interest rates resulting from debt refinancings of approximately $13,000,000 during the past twelve months. SunLink reported a net loss for its third fiscal quarter ended March 31, 2013 of $186,000, or a loss of $0
SunLink Announces Final Results for Odd Lot Tender Offer
Business Wire - Wed Mar 27, 7:30AM CDT
SunLink Health Systems, Inc. (NYSE MKT: SSY) today announced the final results of its odd lot tender offer (the "Offer" which expired at 5:00 P.M., New York City Time, on March 26, 2013. In the Offer, SunLink offered to purchase for cash all of its common shares held by holders of 99 or fewer shares of SunLink as of January 31, 2013 at a purchase price of $1.50 per share. In addition to the $1.50 per share purchase price, SunLink offered each tendering holder of 99 or fewer shares a $100 bonus upon completion of the Offer for properly executed tenders of all shares beneficially owned by such holder which were received and not withdrawn prior to the expiration time of the Offer. The cash bonus was offered on a per holder basis to incentivize odd lot shareholder to tender their shares. The immediate goal of the Offer was to reduce the number of record holders of the Company's shares to fewer than 300, a required step i
SunLink Extends Expiration Date for Odd Lot Tender Offer to March 26, 2013
Business Wire - Thu Mar 07, 4:18PM CST
SunLink Health Systems, Inc. (NYSE MKT: SSY) today announced that it has extended its odd lot tender offer, due to expire on March 12, 2013, until 5:00 P.M., New York City Time, on March 26, 2013. The odd lot tender offer has been extended to allow the shareholders of SunLink additional time to evaluate the Company's Offer to Purchase, an amended copy of which was filed with the SEC on March 7, 2013. SunLink is continuing to offer to purchase for cash all of its common shares held by holders of 99 or fewer shares of SunLink as of a January 31, 2013 record date, in a tender offer at a purchase price of $1.50 per share. The Offer price represents a premium of approximately 19% to the closing price of the Company's common shares of $1.26 on the NYSE Amex Equities stock exchange as of the close of business on February 4, 2013, the initial date of the Offer and represents a premium of approximately 117% to the closing pric
CORRECTING and REPLACING SunLink Health Systems, Inc. Announces Fiscal 2013 Second Quarter and Six Months Results
Business Wire - Mon Feb 18, 3:30PM CST
Please replace the release dated February 14, 2013 with the following corrected version due to revisions to SunLink Health Systems, Inc.'s boilerplate.
SunLink Confirms Terms of Odd Lot Offer to Purchase in Connection With Proposed Going Private Transaction
Business Wire - Fri Feb 15, 4:13PM CST
SunLink Health Systems, Inc. (NYSE MKT: SSY) today confirmed that it is offering to purchase for cash all of its common shares held by holders of 99 or fewer shares of SunLink as of a January 31, 2013 record date, in a tender offer at a purchase price of $1.50 per share. The Offer price represents a premium of approximately 19% to the closing price of the Company's common shares of $1.26 on the NYSE Amex Equities stock exchange as of the close of business on February 4, 2013, the initial date of the Offer. In addition to the $1.50 per share purchase price, SunLink confirmed it is offering each tendering holder of 99 or fewer shares a $100 bonus upon completion of the Offer for properly executed tenders of all shares beneficially owned by such holder which are received and not withdrawn prior to the Expiration Time of the Offer. SunLink confirmed that the cash bonus is being offered on a per holder basis to incentivize
SunLink Announces Odd Lot Offer to Purchase in Connection With Proposed Going Private Transaction
Business Wire - Tue Feb 05, 5:12PM CST
SunLink Health Systems, Inc. (NYSE MKT: SSY) today announced that it is offering to purchase for cash all of its common shares held by holders of 99 or fewer shares of SunLink as of a January 31, 2013 record date, in a tender offer at a purchase price of $1.50 per share. The Offer price represents a premium of approximately 19% to the closing price of the Company's common shares of $1.26 on the NYSE Amex Equities stock exchange as of the close of business on February 4, 2013. In addition to the $1.50 per share purchase price, SunLink is offering each tendering holder of 99 or fewer shares a $100 bonus upon completion of the Offer for properly executed tenders of all shares beneficially owned by such holder which are received and not withdrawn prior to the Expiration Time of the Offer. In connection with the Offer, SunLink stated that if the results of the Offer allow, it intends to deregister and delist its common sha
SunLink Health Systems Inc divests Dexter Hospital LLC's assets
M2 - Fri Jan 04, 6:37AM CST
Hospital operator SunLink Health Systems Inc (NYSE:MKT: SSY) revealed on Thursday that it has sold substantially all the assets and the leasehold interest of its subsidiary, Dexter Hospital LLC.
SunLink Health Systems Completes Sale of Assets of Dexter, MO Hospital
Business Wire - Thu Jan 03, 7:30AM CST
SunLink Health Systems, Inc. (NYSE:MKT: SSY) today announced that it has completed the sale of substantially all the assets and the leasehold interest of its subsidiary, Dexter Hospital, LLC, to Southeast Health Center of Stoddard County, LLC, an indirect subsidiary of Southeast Missouri Hospital Association (D/B/A SoutheastHEALTH). The assets of Dexter Hospital, LLC consist of a leased 50-bed acute care hospital and related clinics, equipment, and home health services in Dexter, MO. Dexter Hospital, LLC, will manage the hospital and related businesses for Southeast Health Center of Stoddard County, LLC after closing during a transition period ending June 30, 2013. Dexter Hospital, LLC retained accounts receivable and certain other assets and substantially all liabilities of the hospital.
SunLink Health Systems to Renew Its Shareholder Rights Plan
Business Wire - Mon Feb 24, 7:31AM CST
SunLink Health Systems, Inc. (NYSE MKT:SSY) today announced that its board of directors adopted a new Shareholder Rights Plan (the "Plan"
on February 10, 2014. The Plan is intended to encourage fair treatment of shareholders should a take-over bid be made for SunLink Health Systems, and provide the Board of Directors of SunLink Health Systems (the "Board" and the shareholders more time to consider any unsolicited take-over bid. Unless otherwise terminated in accordance with its terms, the Plan will terminate on February 9, 2021. SunLink Health Systems, Inc. Announces Fiscal 2014 Second Quarter Results
Business Wire - Fri Feb 14, 3:59PM CST
SunLink Health Systems, Inc. (NYSE MKT: SSY) today announced a loss from continuing operations for its fiscal quarter ended December 31, 2013 of $13,000 or a loss of $0.00 per fully diluted share, compared to a loss from continuing operations of $1,395,000 or a loss of $0.15 per fully diluted share, for the quarter ended December 31, 2012. SunLink reported net earnings for the quarter ended December 31, 2013 of $227,000, or $0.02 per fully diluted share, compared to net earnings of $3,935,000, or $0.42 per fully diluted share, for the quarter ended December 31, 2012. The results for the three months ended December 31, 2012 included in earnings from discontinued operations an after tax gain of approximately $5,200,000 from the sale of substantially all of the assets of its Dexter Hospital, LLC subsidiary.
Fitch Releases Report on Rhode Island Clean Water Finance Agency
Business Wire - Fri Feb 14, 9:48AM CST
Fitch Ratings has published a report on Rhode Island Clean Water Finance Agency.
SunLink Health Systems, Inc. Responds to Unusual Market Activity
Business Wire - Fri Jan 24, 12:30PM CST
SunLink Health Systems, Inc. (NYSE MKT: SSY) (the "Company"
today announced that in view of the unusual activity in the Company's stock, the New York Stock Exchange (NYSE) has contacted the Company in accordance with the NYSE's usual practice and requested that the Company respond by news release to the unusual activity. SunLink Health Systems Inc announces departure of Jack M. Spurr as VP of Hospital Financial Operations
M2 - Thu Sep 12, 8:25AM CDT
Pharmacy company SunLink Health Systems Inc (NYSE Amex: SSY) reported on Wednesday that Jack M. Spurr is to retire as vice president of its Hospital Financial Operations, effective 30 September 2013.
SunLink Vice President Hospital Financial Operations to Retire
Business Wire - Wed Sep 11, 8:30AM CDT
SunLink Health Systems, Inc. (NYSE Amex: SSY) today announced that Jack M. Spurr has announced his retirement effective September 30, 2013.
OTC Daily Alert Stock Watch - SunLink Health Systems Inc. (NYSE:SSY)
WorldStockWire - Wed Aug 07, 11:00PM CDT
OTC Daily Alert tracks stocks daily and is pleased to offer features on public companies. Investors can receive FREE Stock Alerts and company news and profiles by visiting OTC Daily Alert at the following: http://www.otcdailyalert.com
SunLink Health Systems, Inc. Announces Fiscal 2013 Third Quarter and Nine Months Results
Business Wire - Wed May 15, 4:00PM CDT
SunLink Health Systems, Inc. (NYSE MKT: SSY) today announced a loss from continuing operations for its third fiscal quarter ended March 31, 2013 of $197,000, or $0.02 per fully diluted share, compared to a loss from continuing operations of $1,684,000, or a loss of $0.18 per fully diluted share, for the quarter ended March 31, 2012. The decrease in the loss from continuing operations in the quarter ending March 31, 2013 compared to the prior year resulted from lower interest expense and a pre-tax impairment charge of $931,000 in the quarter ended March 31, 2012. The decrease in interest expense resulted from net debt repayments of approximately $10,900,000 in the twelve months ended March 31, 2013 and lower interest rates resulting from debt refinancings of approximately $13,000,000 during the past twelve months. SunLink reported a net loss for its third fiscal quarter ended March 31, 2013 of $186,000, or a loss of $0
SunLink Announces Final Results for Odd Lot Tender Offer
Business Wire - Wed Mar 27, 7:30AM CDT
SunLink Health Systems, Inc. (NYSE MKT: SSY) today announced the final results of its odd lot tender offer (the "Offer"
which expired at 5:00 P.M., New York City Time, on March 26, 2013. In the Offer, SunLink offered to purchase for cash all of its common shares held by holders of 99 or fewer shares of SunLink as of January 31, 2013 at a purchase price of $1.50 per share. In addition to the $1.50 per share purchase price, SunLink offered each tendering holder of 99 or fewer shares a $100 bonus upon completion of the Offer for properly executed tenders of all shares beneficially owned by such holder which were received and not withdrawn prior to the expiration time of the Offer. The cash bonus was offered on a per holder basis to incentivize odd lot shareholder to tender their shares. The immediate goal of the Offer was to reduce the number of record holders of the Company's shares to fewer than 300, a required step i SunLink Extends Expiration Date for Odd Lot Tender Offer to March 26, 2013
Business Wire - Thu Mar 07, 4:18PM CST
SunLink Health Systems, Inc. (NYSE MKT: SSY) today announced that it has extended its odd lot tender offer, due to expire on March 12, 2013, until 5:00 P.M., New York City Time, on March 26, 2013. The odd lot tender offer has been extended to allow the shareholders of SunLink additional time to evaluate the Company's Offer to Purchase, an amended copy of which was filed with the SEC on March 7, 2013. SunLink is continuing to offer to purchase for cash all of its common shares held by holders of 99 or fewer shares of SunLink as of a January 31, 2013 record date, in a tender offer at a purchase price of $1.50 per share. The Offer price represents a premium of approximately 19% to the closing price of the Company's common shares of $1.26 on the NYSE Amex Equities stock exchange as of the close of business on February 4, 2013, the initial date of the Offer and represents a premium of approximately 117% to the closing pric
CORRECTING and REPLACING SunLink Health Systems, Inc. Announces Fiscal 2013 Second Quarter and Six Months Results
Business Wire - Mon Feb 18, 3:30PM CST
Please replace the release dated February 14, 2013 with the following corrected version due to revisions to SunLink Health Systems, Inc.'s boilerplate.
SunLink Confirms Terms of Odd Lot Offer to Purchase in Connection With Proposed Going Private Transaction
Business Wire - Fri Feb 15, 4:13PM CST
SunLink Health Systems, Inc. (NYSE MKT: SSY) today confirmed that it is offering to purchase for cash all of its common shares held by holders of 99 or fewer shares of SunLink as of a January 31, 2013 record date, in a tender offer at a purchase price of $1.50 per share. The Offer price represents a premium of approximately 19% to the closing price of the Company's common shares of $1.26 on the NYSE Amex Equities stock exchange as of the close of business on February 4, 2013, the initial date of the Offer. In addition to the $1.50 per share purchase price, SunLink confirmed it is offering each tendering holder of 99 or fewer shares a $100 bonus upon completion of the Offer for properly executed tenders of all shares beneficially owned by such holder which are received and not withdrawn prior to the Expiration Time of the Offer. SunLink confirmed that the cash bonus is being offered on a per holder basis to incentivize
SunLink Announces Odd Lot Offer to Purchase in Connection With Proposed Going Private Transaction
Business Wire - Tue Feb 05, 5:12PM CST
SunLink Health Systems, Inc. (NYSE MKT: SSY) today announced that it is offering to purchase for cash all of its common shares held by holders of 99 or fewer shares of SunLink as of a January 31, 2013 record date, in a tender offer at a purchase price of $1.50 per share. The Offer price represents a premium of approximately 19% to the closing price of the Company's common shares of $1.26 on the NYSE Amex Equities stock exchange as of the close of business on February 4, 2013. In addition to the $1.50 per share purchase price, SunLink is offering each tendering holder of 99 or fewer shares a $100 bonus upon completion of the Offer for properly executed tenders of all shares beneficially owned by such holder which are received and not withdrawn prior to the Expiration Time of the Offer. In connection with the Offer, SunLink stated that if the results of the Offer allow, it intends to deregister and delist its common sha
SunLink Health Systems Inc divests Dexter Hospital LLC's assets
M2 - Fri Jan 04, 6:37AM CST
Hospital operator SunLink Health Systems Inc (NYSE:MKT: SSY) revealed on Thursday that it has sold substantially all the assets and the leasehold interest of its subsidiary, Dexter Hospital LLC.
SunLink Health Systems Completes Sale of Assets of Dexter, MO Hospital
Business Wire - Thu Jan 03, 7:30AM CST
SunLink Health Systems, Inc. (NYSE:MKT: SSY) today announced that it has completed the sale of substantially all the assets and the leasehold interest of its subsidiary, Dexter Hospital, LLC, to Southeast Health Center of Stoddard County, LLC, an indirect subsidiary of Southeast Missouri Hospital Association (D/B/A SoutheastHEALTH). The assets of Dexter Hospital, LLC consist of a leased 50-bed acute care hospital and related clinics, equipment, and home health services in Dexter, MO. Dexter Hospital, LLC, will manage the hospital and related businesses for Southeast Health Center of Stoddard County, LLC after closing during a transition period ending June 30, 2013. Dexter Hospital, LLC retained accounts receivable and certain other assets and substantially all liabilities of the hospital.
