RehabCare pulls out of deal to buy Rehab Hospital
WOONSOCKET – St. Louis-based RehabCare Group Inc. (NYSE: RHB) has withdrawn its agreement to purchase Landmark Health Systems Inc.’s Rehabilitation Hospital of Rhode Island, citing a dispute over employee health benefits, the care providers said. But, said Richard R. Charest, president of RHRI and Landmark, “it will be business as usual at the hospital.”
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