Industry Notes:
Kindred Gives Up Hostile Takeover Bid For Gentiva
Published on Fri Aug 01, 2014
Kindred Healthcare’s hostile takeover bid for Gentiva Health Services Inc. appears to be over, but Kindred isn’t out of the running as the company’s purchaser. Atlanta-based Gentiva has entered into a nondisclosure agreement with the unnamed company that offered $17.25 per share to purchase the company when Kindred was making tender offers ranging from $14 to $16 per share. Gentiva [...]