Gov. Scott Sells Solantic Share
TALLAHASSEE (CBS4) - Governor Rick Scott has finally reached a deal to sell off his family's stake in the Solantic urgent care clinic chain after claims of conflict of interest emerged.
Solantic had profited from past contract with the state. Governor Scott said that the firm, while he was controlling it wouldn't accept any contracts from the state of Florida.
According to the Palm Beach Post, Scott pocketed tens of millions of dollars from the sale of the company to the New York investment firm of Welsh, Carson, Anderson & Stowe. The investment firm had been a minority shareholder in Solantic.
Scott indicated last week that he had been attempting to unload his interest in Solantic since being elected governor last November.
(© 2010 CBS Broadcasting Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The News Service Of Florida contributed to this report.)