Pa.-based group makes $250M offer to buy Care New England

Updated at 2:35 p.m. on Dec. 7.

STONEBRIDGE HEALTHCARE sent a letter to the board of Care New England on Monday offering $250 million to purchase the hospital group and an additional $300 million in investments over six years. / COURTESY WOMEN & INFANTS HOSPITAL
STONEBRIDGE HEALTHCARE sent a letter to the board of Care New England on Monday offering $250 million to purchase the hospital group and an additional $300 million in investments over six years. / COURTESY WOMEN & INFANTS HOSPITAL
PROVIDENCE – A Pennsylvania-based health care company is looking to purchase Care New England Health System. StoneBridge Healthcare LLC, of New Hope, Pa., sent a letter to the board of CNE Monday offering $550 million package, including a purchase price of $250 million and an investment of $300 million over the course of six years. In addition,…

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