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RE Rumor Mill: LICH, Neuberger Berman, Graceland

By Kaitlin Ugolik (May 1, 2014, 7:16 PM EDT) -- One of the losing bidders for the revitalization of the ailing Long Island College Hospital in Brooklyn has reportedly upped its bid amid rumors that the State University of New York may be reconsidering its choice. Crain's reported that Trindade Value Partners, which recently filed an official complaint with SUNY over its choice of Brooklyn Health Partners to revamp the hospital, has agreed to add $90 million to its bid for the project. In recent days, SUNY and New York City Mayor Bill de Blasio have expressed concerns about BHP's own proposal, though no official statement has been made as to whether a new bidder will be chosen....

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