Addus HomeCare Announces Definitive Agreement to Acquire Personal Care Operations of Gentiva [Yahoo! Finance]
Addus HomeCare Corporation (ADUS)
Last addus homecare corporation earnings: 3/17 04:05 pm
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US:NASDAQ Investor Relations:
phx.corporate-ir.net/phoenix.zhtml?c=231191&p=irol-irhome
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Source: Yahoo! Finance
FRISCO, Texas, June 10, 2024 BUSINESS WIRE )--Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, today announced a definitive agreement to acquire the personal care operations of Gentiva for an anticipated purchase price, after customary purchase price adjustments, of approximately $350 million. Based in Atlanta, Georgia, Gentiva is a dedicated hospice, palliative, and personal care services company and the transaction relates only to its personal care operations, which serve over 16,000 patients per day in a seven-state service area of Arizona, Arkansas, California, Missouri, North Carolina, Tennessee and Texas. Addus expects to close the transaction following completion of regulatory approvals and subject to customary closing conditions. Addus will fund the acquisition through the Company's existing revolving credit facility. Commenting on the announcement, Dirk Allison, Chairman and Chief Executive Officer of Addus, stated, "We believe this acquisition
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ADUS
News
- Addus HomeCare Co. (NASDAQ: ADUS) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat
- Addus HomeCare Co. (NASDAQ: ADUS) had its price target raised by analysts at TD Cowen from $119.00 to $128.00. They now have a "buy" rating on the stock.MarketBeat
- Addus HomeCare Announces Definitive Agreement to Acquire Personal Care Operations of GentivaBusiness Wire
- Addus HomeCare (NASDAQ:ADUS) Might Have The Makings Of A Multi-Bagger [Yahoo! Finance]Yahoo! Finance
- Addus HomeCare Co. (NASDAQ: ADUS) had its price target raised by analysts at Oppenheimer Holdings Inc. from $118.00 to $130.00. They now have an "outperform" rating on the stock.MarketBeat
ADUS
Earnings
- 5/6/24 - Beat
ADUS
Sec Filings
- 6/18/24 - Form 4
- 6/13/24 - Form 4
- 6/13/24 - Form 4
- ADUS's page on the SEC website