Six Months Later, Rick Scott's Solantic Is Sold
After six months of conflict-of-interest questions about Gov. Rick Scott's urgent-care chain Solantic, the deal has finally gone through.
The investment firm that bought Solantic -- which the Jacksonville Business Journal reports bought a controlling interest in April -- finished its purchase of the company yesterday.
At the time Scott took office, he had transferred his $62 million investment in Solantic to his wife, but that didn't stop people's suspicions.
Just before the controlling interest was sold, an ethics complaint had been filed against the governor based on reporting from the St. Petersburg Times.
The complaint alleged that several of the policies Scott intended to implement as governor would benefit his wife's investment in the company.
When the governor mandated the drug testing for state employees, that certainly didn't help douse the flames.
The price tag for the sale wasn't released, but the Business Journal says the buyers -- Welsh, Carson, Anderson & Stowe -- claim around $20 billion in total capital.
Get the Weekly Newsletter
Our weekly feature stories, movie reviews, calendar picks and more - minus the newsprint and sent directly to your inbox.
- Patricia Montes Sentenced for Participation in Rape and Beating of Friend After...
- Pat Riley on Offseason Without LeBron: "No More Smiling Faces With Hidden Agendas"
- Florida's Largest Solar Project Is a Win for Utilities, Loss for Private Industry and...
- New Report Criticizes GEO Group for Making Big Bucks Off Immigrant Backs