A judge approved the offer from Patrick Soon-Shiong, the owner of the Los Angeles Times, to buy a closed hospital and reopen it to treat coronavirus patients
A federal bankruptcy judge Friday approved the offer from the billionaire owner of the Los Angeles Times to buy a closed Los Angeles hospital out of bankruptcy and reopen it to help California fight the new coronavirus pandemic.
Judge Ernest M. Robles of the U.S. Bankruptcy Court in Los Angeles said he would approve the sale of St. Vincent Medical Center to Patrick Soon-Shiong, the owner of the Times. The sale needed to happen as quickly as possible due the coronavirus pandemic, a lawyer for Verity said during a hearing conducted...
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