Tenet ends sale talks following Trevor Fetter’s departure — 4 insights

CNBC reports that Dallas-based Tenet Healthcare Corp., is no longer for sale, following the departure of CEO Trevor Fetter.

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Here’s what you should know:

1. CNBC reported the news on information provided by two anonymous sources that were “close to the matter.”

2. A third source that is “close to the company” said Tenet is in the midst of a strategic review and that nothing has been taken off the table.

3. CNBC reports if the company pursues a sale, it could select a CEO with the long-term strategic direction of the company in mind.

4. The sources remained anonymous because of the confidential nature of the deliberations.

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