merger

Health
4:53 pm
Tue December 17, 2013

State board approves Kewanee Hospital merger with OSF

Kewanee Hospital is joining the OSF Healthcare System in April under a new name. A state review board approved the merger between the two groups. Kewanee Hospital will be re-named OSF Saint Luke Medical Center during a dedication ceremony in the spring. The Kewanee Hospital CEO says the move allows the hospital to better serve its area patients.

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Medical
3:55 pm
Tue November 5, 2013

State approves Proctor, UnityPoint Health-Methodist merger

An affiliation agreement between UnityPoint Health-Methodist and Proctor Hospital gets state approval.  The Illinois Health Facilities and Services Review Board approved the deal.  That allows both groups to form one health system.  The merger follows a failed set of contract talks between OSF Health System and Proctor.  More information on the deal is expected later this week. 

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Peoria Public Radio News
12:59 pm
Mon September 9, 2013

Proctor merging with UnityPoint Health-Methodist

Proctor Hospital is preparing to merge its operations with Unity Point Health-Methodist to form one health system. The two groups Monday signed an affiliation agreement. Under the agreement, the Methodist Health Services Corporation will become the sole corporate member of Proctor Health Care Incorporated.

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Business
3:50 pm
Wed June 19, 2013

OfficeMax asks state for tax breaks

OfficeMax is asking the state of Illinois for tax breaks to keep the company's headquarters in-state after the office supply chain's merger with Office Depot is complete.  State Senator Tom Cullerton made his pitch Tuesday during a hearing on the state's pension crisis. He was joined by OfficeMax CEO Ravi Saligram, who says the combined company could be located here or in Florida, where Office Depot is headquartered.

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