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Strategies & Market Trends : Under $5.00 stocks

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From: jmhollen8/14/2006 3:47:53 PM
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HLSH -- BIRMINGHAM, AL, United States (UPI) -- HealthSouth Corp., which has headquarters in Alabama, has hired Goldman Sachs Group Inc. to help it shed its outpatient-rehabilitation and surgery units.

The company expects to sell or spinoff those businesses as it recovers from an accounting scandal and works to cut its $3 billion debt load, The Wall Street Journal reported.

HealthSouth is the largest U.S. provider of inpatient-rehabilitation services for patients disabled by head injuries, strokes and other serious medical problems.

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