LEWISVILLE, Texas, Sept. 27, 2017 /PRNewswire/ — Adeptus Health Inc. (OTC: ADPTQ) (the “Company”), the largest operator of freestanding emergency rooms in the United States, today announced that the U.S. Bankruptcy Court for the Northern District of Texas, Dallas Division (the “Court”) has confirmed the Company’s plan of reorganization (the “Chapter 11 Plan”). The Company expects to complete its financial restructuring process and emerge from Chapter 11 in the coming days, after the conditions to the Chapter 11 Plan are satisfied.
As previously announced, upon effectiveness of the Chapter 11 Plan, reorganized Adeptus will be owned by affiliates of Deerfield Management Company (“Deerfield”), a long-term investor in …
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