Industry Notes:
Gentiva Board Rejects Third Kindred Offer
Published on Fri Jul 04, 2014
The attempted hostile takeover of Gen-tiva Health Service Inc. is getting more complicated. While long-term care behemoth Kindred Health-care is pursuing Gentiva, Gentiva is reportedly pursuing beleaguered home health agency chain Amed-isys Inc. as an acquisition. Kindred has warned Gentiva to avoid the acquisition. Meanwhile, Gentiva’s Board of Directors has voted to reject Kindred’s sweetened offer to buy the company [...]