Investing
Option Care to buy homecare service provider Amedisys in $3.6 billion deal
© Reuters.
(Reuters) -Homecare services provider Option Care Health (NASDAQ:) Inc said on Wednesday it is acquiring Amedisys (NASDAQ:) Inc in an all-stock deal valued at $3.6 billion, including debt.
The deal values Amedisys at $97.38 per share, which represents a ~26% premium over the stock’s close on May 2.
Upon closing, Option Care stockholders will own about 64.5% of the combined company and Amedisys stockholders will own the rest.
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