Stock Market & Financial Investment News

News Breaks August 20, 2012 08:03 EDT KND Kindred Healthcare to acquire IntegraCare Holdings Kindred Healthcare has signed a definitive agreement to acquire IntegraCare Holdings, a portfolio company of private equity firm Flexpoint Ford, LLC, for a purchase price of $71M in cash plus a potential $4M cash earn out based on 2013 earnings. The Company expects to finance the transaction with operating cash flows and proceeds from its revolving credit facility. IntegraCare will have no outstanding long-term debt at closing. The transaction is subject to several regulatory approvals and other conditions to closing and is expected to close by the end of the third quarter of 2012. The Company expects that the transaction will be slightly accretive to earnings in 2012 and 7c-9c per diluted share accretive to earnings in 2013. News For KND From The Last 14 Days Check below for free stories on KND the last two weeks. Sign up for a free trial to see the rest of the stories you've been missing. May 22, 2013 10:00 EDT KND On The Fly: Analyst Upgrade Summary Subscribe for More Information 07:23 EDT KND Kindred Healthcare upgraded at Susquehanna Subscribe for More Information 07:09 EDT KND Kindred Healthcare upgraded to Positive from Neutral at Susquehanna Subscribe for More Information May 20, 2013 17:32 EDT KND Kindred Healthcare appoints Cunanan as Chief People Officer Subscribe for More Information May 16, 2013 13:20 EDT KND Kindred Healthcare to host investor meeting Subscribe for More Information May 14, 2013 17:40 EDT KND Kindred Healthcare to create joint venture with Dignity Health Subscribe for More Information Sign up for a free trial to see the rest of the stories you've been missing.