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Today is Thu, September 02, 2010
Aug 04

Psychiatric Solutions Announces Second Quarter 2010 Earnings of $0.69 per Diluted Share on 7.7% Grow

FRANKLIN, Tenn., Aug 04, 2010 (BUSINESS WIRE)—Psychiatric Solutions, Inc. (“PSI”) (NASDAQ: PSYS) today announced financial results for the second quarter ended June 30, 2010. Revenue increased 10.4% for the quarter to $502.7 million from $455.3 million for the second quarter of 2009. Income from continuing operations attributable to PSI stockholders increased 12.9% to $39.0 million for the second quarter of 2010 from $34.6 million for the second quarter last year, and 11.3% per diluted share to $0.69 from $0.62. Results for the second quarter of 2010 included transaction costs of approximately $6.4 million, which are related to PSI’s previously announced definitive agreement providing for the acquisition of PSI by Universal Health Services, Inc. (“UHS”)


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Jul 23

Psychiatric Solutions Announces Date For Second Quarter 2010 Earnings Release

FRANKLIN, Tenn. (July 23, 2010) ─ Psychiatric Solutions, Inc. (“PSI”) (Nasdaq: PSYS) today announced it will release its second quarter 2010 earnings on August 4, 2010, after the market closes. Due to the signing of the definitive merger agreement providing for the acquisition of PSI by Universal Health Services, Inc., which was announced May 17, 2010, PSI will not host a conference call to discuss second quarter results.


[full article]
Jun 15

Universal Health Services to Acquire Psychiatric Solutions for $3.1 Billion in Cash

KING OF PRUSSIA, Pa. & FRANKLIN, Tenn.—(BUSINESS WIRE)—Universal Health Services, Inc. (NYSE: UHS) (“UHS”) and Psychiatric Solutions, Inc. (NASDAQ: PSYS) (“PSI”) announced today that they have reached a definitive agreement whereby UHS will acquire PSI for a price of $33.75 per share in cash, or approximately $2.0 billion. Including the assumption of approximately $1.1 billion in PSI net debt, the total transaction consideration is approximately $3.1 billion.


[full article]

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