WOONSOCKET â€“ The bid deadline for parties interested in buying Landmark Medical Center was supposed to be tomorrow, but a Superior Court judge has agreed to give the hospital a few more days to sort through competing offers.
The new cutoff is Wednesday, said Bill Fischer, a spokesman for the hospital. But the original date of April 1 for the special master in charge of the hospital to submit to the court all bids, with a recommended winner, remains in force, he said.
Also, Superior Court Judge Michael Silverstein will hold a hearing on April 6, as originally planned, to consider the recommendations of special master Jonathan Savage, the Pawtucket lawyer who has been running the financially stressed hospital under a court-supervised form of receivership since June 2008.
â€śAs we continue to negotiate with a number of interested parties, the court's extension of the deadline to accept bids creates some welcomed breathing room and will improve our ability to attain the best bid possible,â€ť Fischer said in a statement. â€śThat said, it is important to note that the original timeline for the overall bidding process has not been extended.â€ť
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