Acute care hospital operator, IASIS Healthcare, postpones IPO

IASIS Healthcare, owner and operator of 15 acute care hospitals in Utah, Arizona, Florida and Texas, postponed its IPO Monday. Merrill Lynch was expected to price the 13.35 million share offering Wednesday, March 7th, then pushed it to Thursday, March 8th and decided to postpone the deal Monday. IASIS had hoped to raise $200 million in proceeds from the offering, which the company had planned to use to repay debt.