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Continued: Minn. AG to investigate Sanford's proposed takeover of Fairview

Public review of any deal between Sanford and Fairview would be likely to include a close look at Sanford, which fell into noncompliance with the attorney general’s office last fall. According to state records, Sanford was notified in September that it failed to file a copy of it 2011 tax return and other financial records with the attorney general’s office, which regulates nonprofits. In December, Swanson’s office notified the company that its nonprofit registration in Minnesota was no longer in effect.

The Sioux Falls-based organization was known as Sioux Valley Health Care before receiving a series of gifts from T. Denny Sanford, a St. Paul native who earned a fortune in the credit card business in South Dakota. His donations included a $400 million gift in 2007 that was considered the largest ever to a health care organization in America.

Tony Kennedy • 612-673-4213

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