Humana, private equity firms to buy Kindred Healthcare for $4.1 billion

The rumors were true: Kindred Healthcare Inc. will be acquired by Humana Inc. and two private-equity firms in a $4.1 billion deal. The companies will pay $9 in cash for each Kindred share. That's a 27 percent premium to Kindred's 90-day weighted average price, according to a news release. The private-equity companies that are joining Humana in the acquisition are TPG Capital and Welsh, Carson, Anderson& Stowe. When the acquisition is complete, Kindred's home health, hospice and community care…
Source: bizjournals.com Health Care:Physician Practices headlines - Category: American Health Authors: Source Type: news