Business

Biz Briefs: Branches moves; Tenet offer raised

Floral designer relocates Hilton Head store

Branches has moved to the Village at Wexford, 1000 William Hilton Parkway, Suite E-6, after 16 years on Palmetto Bay Road on Hilton Head Island.

Owner Vicki Ventimiglia has more than 30 years of experience in floral design.

The business, which also has a store in downtown Beaufort, specializes in the retail sale of permanent florals, trees and botanicals, custom floral design, gifts and decorative accessories for the home and business. It also provides fresh and artificial floral displays for weddings and special events, and rents artificial plants and props.

Details: 843-785-2535.

Community Health raises Tenet offer

INDIANAPOLIS (AP) -- Community Health Systems Inc. has raised its offer for rival hospital operator Tenet Healthcare Corp. by 21 percent to about $4.06 billion, but it said Monday the latest bid may only last a week. Analysts said they doubt a deal will happen.

The Franklin, Tenn. company said its all-cash offer of $7.25 a share will expire May 9 unless it sees meaningful engagement from Tenet.

The board of Dallas-based Tenet had rejected a $6 per-share, all-cash offer from Community Health last month, and the companies have been fighting over a deal since last fall in a dispute that has spilled into federal court.

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