Kindred Healthcare to be bought by Humana, PE firms in $4.1 billion deal: Reuters

BharbourNews

Kindred Healthcare Inc said on Tuesday it will be bought by health insurer Humana Inc and two private equity firms in a deal valued at $4.1 billion.

The home healthcare provider and hospice operator said its shareholders will receive $9 per share in cash for each share they own, representing a 4.7 percent premium over the stock’s Friday close.

TPG and Welsh, Carson, Anderson & Stowe are the private equity firms in the deal.

Source: https://www.pehub.com/2017/12/kindred-healthcare-to-be-bought-by-humana-pe-firms-in-4-1-billion-deal-reuters/

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