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Republic Health is the target of an SEC probe.

August 20, 1986

Republic Health Corp. of Dallas, which in March became the largest privately held hospital management company after stockholders approved a $406.2-million leveraged buyout, is the subject of an insider trading investigation by the Securities and Exchange Commission. Republic said the investigation was launched March 5 "into trading in securities of Republic" from Jan. 1, 1985, through March 5, 1986, as well as "certain individuals, including some current and former officers, directors and employees of Republic."

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