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Stock Market & Financial Investment News

News Breaks
July 14, 2014
12:06 EDTGTIV, KNDGentiva 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
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January 27, 2015
17:51 EDTKND, GTIVS&P announces changes to S&P MidCap 400, S&P SmallCap 600 indices
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17:24 EDTGTIV, KNDANI Pharmaceuticals to replace Gentiva Health in S&P 600 as of 2/2 close
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January 26, 2015
17:33 EDTKNDKindred Healthcare apponts Kent H. Wallace as COO
Kindred Healthcare has named Kent H. Wallace Executive VP and COO, effective February 2. Mr. Wallace will be a member of the company’s Executive Committee. Benjamin A. Breier, current COO, will become CEO on March 31, succeeding Paul J. Diaz, who will become Executive Vice Chairman of the Kindred Board of Directors.
January 22, 2015
16:17 EDTGTIV, KNDGentiva Health stockholders approve combination with Kindred Healthcare
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16:06 EDTGTIV, KNDGentiva Health stockholders approve combo with Kindred Healthcare
Gentiva Health Services (GTIV) announced that all proposals necessary for the combination with Kindred Healthcare (KND) were approved by Gentiva’s stockholders at the company’s Special Meeting of Stockholders. Gentiva and Kindred expect to complete the transaction on February 2. As previously announced, on October 9, Kindred and Gentiva entered into a definitive agreement under which Kindred will combine with Gentiva for $14.50 per share in cash and 0.257 shares of Kindred common stock based upon an agreed upon fixed exchange ratio.
January 21, 2015
11:35 EDTKND, GTIVGentiva Health to host special shareholder meeting
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