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September 7, 2002 | Associated Press
The founder and then-chief executive of HealthSouth sold about $25 million worth of stock--half his stake in the company--a few weeks before the rehabilitation giant warned of lower earnings and announced his resignation as chief executive, sending the shares tumbling. HealthSouth is the nation's biggest chain of rehabilitation hospitals, with $4.3 billion in revenue last year.
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BUSINESS
September 7, 2002 | Associated Press
The founder and then-chief executive of HealthSouth sold about $25 million worth of stock--half his stake in the company--a few weeks before the rehabilitation giant warned of lower earnings and announced his resignation as chief executive, sending the shares tumbling. HealthSouth is the nation's biggest chain of rehabilitation hospitals, with $4.3 billion in revenue last year.
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