TPG Capital among group of buyers approved to purchase Kindred Healthcare
The $4.1 billion deal between Kindred Healthcare Inc., Humana Inc. and two private-equity firms just cleared a major hurdle.
Shareholders of Kindred (NYSE: KND), a Louisville, Kentucky-based post-acute health and home-health provider, approved the sale of the company to Humana (NYSE: HUM) and private equity firms TPG Capital, based in Fort Worth, and New York City-based Welsh, Carson, Anderson& Stowe, according to a news release.
The official results for the shareholder vote were not disclosed.…
Source: bizjournals.com Health Care:Pharmaceuticals headlines - Category: Pharmaceuticals Authors: Chris Larson Source Type: news