New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
July 14, 2014
12:06 EDTKND, GTIVGentiva Health urges holders to take no action in response to Kindred offer
Gentiva Health Services (GTIV) noted that Kindred Healthcare (KND) has announced a revised tender offer to acquire 14.9% of the outstanding shares of Gentiva common stock for $16.00 per share in cash. The closing price of Gentiva common stock on Friday, July 11 was $15.82 per share. Consistent with its fiduciary duties and as required by applicable law, the Gentiva Board of Directors will review the revised tender offer in consultation with its financial and legal advisors to determine the course of action that it believes is in the best interests of the company and its stockholders. Gentiva stockholders are advised to take no action at this time pending the review of the revised offer by the Gentiva Board of Directors. Barclays and Edge Healthcare Partners are serving as financial advisors to Gentiva and Greenberg Traurig, LLP is serving as legal advisor.
News For GTIV;KND From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
February 9, 2016
17:05 EDTKNDKindred acquires Control licenses in South Carolina for home health services
Kindred acquired from the South Carolina Department of Health and Environmental Control licenses to provide home health services in all 46 counties in South Carolina for approximately $18M. Kindred reached an agreement with DHEC following a state bidding process. The agreement took effect January 1, 2016, and immediately expands Kindred's services from 10 offices serving 22 counties to 19 offices serving the entire state of South Carolina. As part of the license transfer agreement, Kindred agreed to hire all employees and agreed to take over patients upon consent. Upon completion, 72 employees accepted the Company's offer of employment and 650 patients granted consent to the Company's care. With this platform, Kindred intends to open additional offices and expand its home health services in the state. The Company has been providing home health services in South Carolina since it acquired Gentiva Health Services in February 2015.
17:02 EDTKNDKindred Healthcare expands its home health operations
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the theflyonthewall.com disclaimer & terms of use