California's Alecto Health Services said it has purchased Fairmont General Hospital , bringing the West Virginia's hospital bankruptcy case to an end, the Dow Jones Daily Bankruptcy Review reported today. Fairmont lawyer Mike Garrison of the law firm of Spilman Thomas & Battle said Monday in an emailed statement that Alecto, which paid $15 million for Fairmont, completed the sale last week. Fairmont, which filed for chapter 11 protection last September, is exiting bankruptcy not only with a new owner, but with a new name: Fairmont Regional Medical Center. (Subscription required.)
http://bankruptcynews.dowjones.com/Article?an=DJFDBR0120140923ea9nje6fq…
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