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Promise Healthcare Suitor Balks At Ch. 11 Bid Protections

By Vince Sullivan ( November 27, 2018, 7:50 PM EST) -- A potential bidder for a large asset of bankrupt hospital operator Promise Healthcare Group LLC objected to the debtor's proposed bidding procedures Tuesday in Delaware court, saying bid protections being granted to the proposed stalking horse bidder will chill an auction planned for a California medical facility....

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