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Stock impact report

Pennant Completes Acquisition of Signature Healthcare at Home Assets

The Pennant Group, Inc. (PNTG) 
Last the pennant group, inc. earnings: 3/4 04:22 pm Check Earnings Report
Company Research Source: GlobeNewswire
EAGLE, Idaho, Jan. 02, 2025 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice, and senior living companies, today announced that it has closed on the purchase of certain Oregon assets of Signature Healthcare at Home (“Signature”). Pennant completed its purchase of Signature’s Idaho and Washington assets on August 1, 2024 and its purchase of certain of Signature’s Oregon assets on January 1, 2025, thus concluding the full two-stage acquisition as previously announced. The Oregon assets include seven locations across the state, adding to Pennant’s existing presence in Portland and Grant’s Pass. “We are delighted to welcome these operations to the Pennant fold,” said Brent Guerisoli, Pennant's Chief Executive Officer. “This is a substantial purchase that allows us to serve multiple new markets across Oregon and cements Pennant as one of the leading providers of home health and hospice in the Pacific Show less Read more
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