Market reaction has been resoundingly positive
Analyst Recommendation Comment
Lori Price Buy Triad’s pending acquisition of Quorum Health Group creates
JP Morgan Chase an opportunity to export its facility enhancement model to a
December 19, 2000 broader, more diversified base of facilities to grow revenues and improve operating margins.
Jim Baker Strong Buy Triad is well positioned to improve the operations at the
SunTrust Equitable Quorum facilities and will benefit from investors’ interests in
January, 2001 the Quorum assets it intends to divest.
Moody’s Investor Services Possible Upgrade Quorum assets will complement Triad’s mid-market October 19, 2000 operating strategy while the combined company will benefit from increased geographic diversification.
Standard & Poor’s Outlook Positive Successful realization of opportunities created by the October 19, 2000 acquisition generating improved financial results could lead to an upgrade.
John Hindelong Buy Favorite stock among the mid-market companies.
CSFB Quorum is a good fit. Management skills should improve
October, 2000 asset performance. Over time, we believe the acquisition represents and opportunity for Triad to apply its management skills.