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Stock Market & Financial Investment News

News Breaks
July 1, 2014
08:10 EDTGTIV, KNDKindred Healthcare calls on Gentiva board to negotiate transaction
Kindred Healthcare (KND) responded to the decision by the board of directors of Gentiva Health Services (GTIV) recommending against Kindred’s offer to acquire all of Gentiva’s outstanding common stock for $14.50 per share in cash. Kindred CEO Paul Diaz said, “After reviewing Gentiva’s recommendation, it remains clear that Kindred’s offer would create immediate, certain and superior value for Gentiva shareholders. We call on the Gentiva board and management team to sit down and negotiate a transaction that would advance the interests of both companies’ shareholders, employees and patients, as well as our country’s healthcare delivery system. We also call on Gentiva shareholders to make their voices heard by tendering their shares in support of Kindred’s value enhancing offer.” If a majority of the outstanding Gentiva shares are tendered prior to July 16, 2014, Kindred intends to amend the offer to seek to purchase 14.9% of Gentiva’s outstanding shares, positioning Kindred as Gentiva’s largest shareholder, the company said.
News For KND;GTIV From The Last 14 Days
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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 EDTGTIV, KNDGentiva Health to host special shareholder meeting
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January 16, 2015
10:47 EDTKNDBofA/Merrill healthcare facilities analyst analyst/industry conference call
Healthcare Facilities & Managed Care Analyst Bressler discusses the legislative and regulatory outlook for the industry for 2015 on an Analyst/Industry conference call to be held on January 23 at 2 pm.
January 14, 2015
07:37 EDTKNDJPMorgan to hold a conference
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