Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of hospital company Community Health Systems
So what: There are numerous ways for a company to fight off a hostile takeover attempt, but alleging fraud by the aggressor is not normally one of them. Tenet Healthcare
Now what: Community issued a statement that rebuts Tenet's claims and suggests that they are nothing more than an attempt to distract shareholders from the takeover offer. Community also noted that Credit Suisse
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