TITLE

New HealthSouth Estimates Coming

AUTHOR(S)
Santini, Laura
PUB. DATE
June 2003
SOURCE
Investment Dealers' Digest;6/9/2003, Vol. 69 Issue 23, p10
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
PricewaterhouseCoopers International Ltd., appointed as auditor of HealthSouth Corp., is expected to release details of its review of HealthSouth's operations, according to a regulatory filing by the company, at the end of June 2003. The review will likely affect both HealthSouth's ability to prevent bankruptcy and its planned sale of some business units, notably the diagnostic imaging unit. It is rumored that HealthSouth's earnings before interest, taxes, depreciation and amortization will fall between $600 million and $750 million by Pricewaterhouse estimates. HealthSouth carries a $3.3 billion debt burden as of June 2003.
ACCESSION #
10070911

 

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