Friday, April 17, 1998 | 10:46 a.m.
"We would not be there if I felt there was a remote chance we couldn't complete it," Providence Executive Vice President and Chief Financial Officer Richard Gore told the Elko Daily Free Press.
The money question came up recently during a hospital board meeting, when trustees urged the sale negotiating committee to make sure Province could afford the deal with the company.
Province recently increased its line of credit to $260 million and shares have sold well since the company went public in February. The stock opened at $16 and is trading at more than $27 now.
Province won an extended negotiation period by outbidding Lutheran Health Systems and Community Health Systems.
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