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Stock impact report

Ensign Group Completes Spin-off of Pennant Group

The Ensign Group, Inc. (ENSG) 
Last the ensign group, inc. earnings: 2/5 04:18 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.ensigngroup.net
Company Research Source: GlobeNewswire
SAN JUAN CAPISTRANO, Calif., Oct. 01, 2019 (GLOBE NEWSWIRE) -- The Ensign Group, Inc. (NASDAQ: ENSG), the parent company of the Ensign™ group of skilled nursing, rehabilitative care services, home health care, hospice care, senior living and other post-acute related companies, announced today the successful completion of its spin-off of The Pennant Group, Inc. (NASDAQ: PNTG). In the spin-off, Ensign stockholders received one share of Pennant common stock for every two shares of Ensign common stock held at the close of business on September 20, 2019. No fractional shares have been distributed in connection with the spin-off. A cash payment will be made in lieu of any fractional shares. The effective date of the distribution is October 1, 2019. “We are thrilled to complete the spin-off of Pennant and couldn’t be more optimistic about their future and the future of Ensign. This is the second spin-off we have completed in the last 5 years and believe that this transaction, much like th Show less Read more
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