SunLink Health Systems, Inc. Announces Sale of Medical Office Building and Land
October 11 2018 - 4:31PM
Business Wire
SunLink Health Systems, Inc. (NYSE AMERICAN: SSY) today
announced the sale of a medical office building and approximately
two adjacent acres of undeveloped land in Dahlonega, GA. After
expenses, the company expects net proceeds from the sale of
approximately $935,000, which will be retained for working capital
and general corporate purposes. The company expects to recognize a
pre-tax gain on the sale of approximately $452,000.
SunLink Health Systems, Inc. is the parent company of
subsidiaries that own and operate healthcare businesses in the
Southeast. Each of the Company’s healthcare businesses is operated
locally with a strategy of linking patients’ needs with healthcare
professionals. For additional information on SunLink Health
Systems, Inc., please visit the Company’s website.
This press release contains certain forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995 including, without limitation, statements regarding the
company’s business strategy. These forward-looking statements are
subject to certain risks, uncertainties and other factors, which
could cause actual results, performance and achievements to differ
materially from those anticipated. Certain of those risks,
uncertainties and other factors are disclosed in more detail in the
company’s Annual Report on Form 10-K for the year ended June 30,
2018 and other filings with the Securities and Exchange Commission
which can be located at www.sec.gov.
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version on businesswire.com: https://www.businesswire.com/news/home/20181011005885/en/
SunLink Health Systems, Inc.Robert M. Thornton, Jr.,
770-933-7004Chief Executive Officer
Sunlink Health Systems (AMEX:SSY)
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