Jonathan Savage, the court-appointed special master of Landmark Medical Center in Woonsocket, says it has signed a letter of intent to sell to RegionalCare Hospital Partners, based in Brentwood.
Terms of the offer have not been disclosed. Landmark will still entertain other offers until a deadline set by a Superior Court judge of March 25.
Savage then has until April 6 to recommend one of the bids.
Landmark was placed in receivership in 2008 and had been in danger of closing.Comments | Share your thoughts »Related StoriesMore Business Health Industry headlinesChristopher Palombo named CEO of Dispensary of Hope Mitsubishi Electric to build Memphis plant, hire up to 275Selected for you by a sponsor:ADVERTISEMENT
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