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Home Health & Hospice Week

Industry Note:

Kindred Faces Shareholder Suit To Stop Sale

Published on Fri Mar 16, 2018

A hedge fund investor in Kindred Healthcare Inc. has filed a lawsuit to stop the company's acquisition by Humana and two private equity firms, reports the Louisville Business First newspaper. New York City-based Brigade Capital Management, which controls about 6 percent of Kindred's stock, filed the suit in Delaware state court. The deal would shortchange shareholders, Brigade said in a letter to Kindred (see Eli's HCW, [...]
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