Steward says it 'unilaterally withdrew' from talks to buy ME hospital

The Boston Globe, December 11, 2012

An executive at Steward Health Care System told presidents of Steward's hospitals Monday that the Boston-based chain "unilaterally withdrew" from talks to acquire Mercy Health System in Maine after concluding Mercy had misrepresented its finances. The account given in a confidential memo from Steward director of media relations Chris Murphy, obtained by the Globe, differed from a statement Steward and Mercy released jointly late Friday afternoon saying the letter of intent to merge had been terminated because the parties "were unable to come to a definitive agreement" during negotiations.


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