https://news.bloomberglaw.com/bankru...-to-centerwell
Villages Health Files Chapter 11, to Sell Assets to CenterWell
The Villages Health says it has filed for Chapter 11 bankruptcy in the Middle District of Florida court as part of a strategic restructuring, according to a statement.
Estimated liabilities of $100m-$500m and estimated assets of $50m-$100m, a separate court filing shows Humana Inc’s CenterWell Senior Primary Care entered into a “stalking horse” asset purchase agreement with TVH
Deal provides for CenterWell to acquire TVH’s assets as a going concern, including eight primary care centers and two specialty care centers
TVH will continue to fully operate its business and manage its affairs without interruption during the sale process
TVH ...