Apollo Global Management LLC APO 0.44%’s 2016 shopping spree is reportedly still going strong. On Monday, Reuters reported that Apollo is in talks to acquire assets from struggling hospital operatorCommunity Health Systems CYH 0.29%. Community Health Systems currently has a market cap of $1.3 billion and a staggering debt load of $15 billion.
Apollo is looking to shore up its RegionalCare Hospital Partners Inc portfolio by adding assets for the second time this year. Apollo doubled the size of RegionalCare in May when it acquired Capella Healthcare Inc.
Hospitals aren’t the only thing Apollo has been buying this year. Community Health Systems would mark the seventh public company that Apollo has acquired in 2016. The firm has also purchased ADT Corp (previously traded NYSE: ADT), The Fresh Market Inc(previously traded NASDAQ: TFM), Apollo Education Group Inc APOL 1.06%, Diamond Resorts International Inc (previously traded NYSE: DRII), Outerwall Inc OUTR 0.02% and Rackspace Hosting, Inc.RAX 0.51%.
At the time Apollo closed the deal for Coinstar and Redbox operator Outerwall back in July, no other company had acquired…
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