Industry Note:
Kindred Takeover Speculation Fuels Stock Price Increase
Published on Fri Apr 28, 2017
About two-and-a-half years after Kindred Healthcare Inc. took over Gentiva, the Louisville, Ky.-based company is now finding itself in the center of takeover speculation. Multiple press reports cite acquisition rumors. A Reuters article names Humana or private equity firms Apollo Global Management or Blackstone Group as possible buyers. Kindred previously stated its intention to shed its skilled nursing facility business [...]