BUSINESS NEWS DIGEST | Ohio gasoline price


Ohio gasoline price

YOUNGSTOWN

Gas prices fell slightly from Ohio’s all-time high Saturday of $4.11 a gallon for regular unleaded.

AAA reported the average gallon cost $4.09 Monday morning. The previous record cost for gasoline was $4.05 in July 2008.

One week ago, gas was $3.86 a gallon, and a month ago it was $3.62.

Event set for fund that aids pet owners

HUBBARD

The Bummer Fund, a nonprofit organization serving the Mahoning Valley, will host its third annual Charity Clinic Day from noon to 4 p.m. Saturday at Animal Care Hospital, 47 Hall Ave.

The group provides financial assistance for pet owners in times of financial and medical crisis. During the clinic, proceeds from regular-price veterinary exams and other routine procedures will be donated to the fund.

More information about The Bummer Fund is available by calling Susan Sexton at 330-746-5010.

CHS raises offer for Tenet Healthcare

YOUNGSTOWN

Community Health Systems on Monday increased its offer to take over Dallas-based Tenet Healthcare Corp. to more than $4 billion.

CHS previously had offered $3.3 billion in December, but Tenet refused the offer. The offer now represents a value of $7.25 per share, up from $6.

CHS and Tenet are involved in a lawsuit in which Tenet claims CHS improperly billed patients for Medicare when they should have been placed in observation.

CHS said it would withdraw its offer if Tenet does not engage in “good-faith discussions” by Monday.

Community Health Systems acquired Northside Medical Center in Youngstown, Trumbull Memorial Hospital in Warren and Hillside Rehabilitation Hospital in Howland in October.

Stock repurchase

AKRON

Myers Industries, Inc., a manufacturer of polymer products for industrial, agricultural, automotive, commercial and consumer markets, announced Monday that its board of directors has authorized a stock-repurchase program.

The program is contingent on market conditions and legal requirements but would allow the company to buy up to 5 million shares of its common stock on the open market.

Sony: 24.6M more accounts hacked

NEW YORK

Sony Corp. says that hackers may have taken personal information from an additional 24.6 million user accounts after a review of the recent PlayStation Network breach found an earlier intrusion at its online entertainment division.

The data loss comes on top of the 77 million Play- Station accounts it already has said were jeopardized by a malicious intrusion.

The breach occurred April 16 and 17. About 10,700 direct-debit records of customers in Austria, Germany, the Netherlands and Spain may have been stolen.

A further 12,700 credit or debit-card numbers elsewhere outside the U.S. also may have been stolen, it said.

Vindicator staff/wire reports