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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 Kindredís offer to acquire all of Gentivaís outstanding common stock for $14.50 per share in cash. Kindred CEO Paul Diaz said, ďAfter reviewing Gentivaís recommendation, it remains clear that Kindredís 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 companiesí shareholders, employees and patients, as well as our countryís healthcare delivery system. We also call on Gentiva shareholders to make their voices heard by tendering their shares in support of Kindredís value enhancing offer.Ē 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 Gentivaís outstanding shares, positioning Kindred as Gentivaís largest shareholder, the company said.
News For KND;GTIV From The Last 14 Days
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March 31, 2015
17:02 EDTKNDKindred Healthcare announces Benjamin Breier assumes CEO role
Kindred Healthcare announced that Benjamin Breier has assumed the role of president and CEO, effective today. As previously announced, Breier succeeds Paul Diaz, who is now executive vice chairman of the Kindred board. Breier also serves as a member of Kindredís board. Breier joined the company in August 2005 as president of the Rehabilitation Division.
March 23, 2015
08:07 EDTKNDBofA/Merrill healthcare high yield analyst has analyst/industry conference call
Healthcare High Yield Analyst Bland provides an update on the current state of the bond markets and the ability of healthcare providers to utilize debt financing on an Analyst/Industry conference call to be held on March 24 at 10 am.

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