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Allegheny County Rejects UPMC Bond Issue

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(Credit: KDKA)

(Credit: KDKA)

KDKA Afternoon News
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CBS Pittsburgh (con't)

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PITTSBURGH (NewsRadio 1020 KDKA) — Allegheny County has canceled plans to float $335 million dollars in tax-free bonds for UPMC. 

Friction over UPMC’s stand-off with healthcare insurer, Highmark apparently doomed this deal.

County Council President Jim Burn talked to the KDKA Afternoon News with a closer look at what happened.

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