Jameson looking for additional offers in hospital-merger plan

NEW CASTLE, Pa. (WKBN) – Jameson Health System announced Wednesday it is seeking other offers to become partners via merger, as requested by the Pennsylvania Attorney General.

Jameson had previously selected a proposal to merge with University of Pittsburgh Medical Center after reviewing potential partnerships. According to the release, Attorney General Kathleen Kane said she wants Jameson to look for potential partners from a broader geographic region.

UPMC has reaffirmed its proposal to merge with Jameson in a transaction that would include a promise to cover all of Jameson’s long term debt and secure all of its pension liabilities. The UPMC offer has been extended through December 31, 2015.

Businesses interested in merging with Jameson can submit their proposals within 30 days to Chris Schoeplein at cshoeplein@ponderco.com with copies to Eb LeMaster at elemaster@ponderco.com.

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