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OH AG OKs Summa Health sale: $30M to benefit Akron community

By Cleveland.com  
   June 19, 2025

The Ohio Attorney General's office 'conditionally approved' the $485 million sale of Summa Health to a venture capital firm on Wednesday, with the caveat that $30 million in cash and equity is given to a new nonprofit foundation to benefit the community. The $30 million for the new foundation will include $15 million in cash and another $15 million in equity, Yost said in a statement.

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