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Butler Health System seeking creditor's OK for WVU merger

By Butler Eagle  
   November 26, 2025

Butler Health System, an affiliate of Independence Health System, hopes to obtain the consent of bondholders and a lender by Dec. 12 to proceed with the merger between Independence and West Virginia University Medicine. On Monday, days after IHS and WVU Medicine announced the merger, Butler Health System officials told creditors in a virtual meeting that Dec. 12 is the deadline to execute a letter of intent negotiated between the two health systems. Tom Albanesi, Independence Health System chief financial officer, said consent from a majority of Series 2015 bondholders and Truist Bank is needed to sign the letter of interest. The process will take about two weeks to complete.

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