financetom
Business
financetom
/
Business
/
Addus HomeCare to Acquire Gentiva's Personal Care Operations for $350 Million
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Addus HomeCare to Acquire Gentiva's Personal Care Operations for $350 Million
Jun 10, 2024 6:12 AM

08:46 AM EDT, 06/10/2024 (MT Newswires) -- Addus HomeCare ( ADUS ) said Monday that it has acquired Gentiva's personal care operations for $350 million.

The company said the deal, which it would fund through its existing revolving credit facility, is slated to close after regulatory approvals are completed.

Addus said it expects the deal to be accretive to its financial results.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Market Chatter: Ford Reportedly Earned $600 Million in China Despite Market Challenges
Market Chatter: Ford Reportedly Earned $600 Million in China Despite Market Challenges
Jan 10, 2025
06:23 AM EST, 01/10/2025 (MT Newswires) -- Ford Motor ( F ) generated about $600 million in earnings from its China operations last year, CNBC reported Thursday, citing company CEO Jim Farley. Farley highlighted the export of vehicles like the Lincoln Nautilus, produced in only in China for markets including the US, as a contributor to the earnings, according to...
Maple Leaf Foods Increases Quarterly Dividend by 9%, Announces Q1 Distribution, Updates Outlook
Maple Leaf Foods Increases Quarterly Dividend by 9%, Announces Q1 Distribution, Updates Outlook
Jan 10, 2025
06:28 AM EST, 01/10/2025 (MT Newswires) -- Maple Leaf Foods ( MLFNF ) , a Canadian protein company, on Friday increased its quarterly cash dividend by 9% from $0.22 per share to $0.24 per share, or $0.96 per share annually. The dividend payment for the first quarter will be payable on March 31 to shareholders of record at the close...
Update: Market Chatter: US Plans to Impose Additional Controls on Semiconductor Exports
Update: Market Chatter: US Plans to Impose Additional Controls on Semiconductor Exports
Jan 10, 2025
06:25 AM EST, 01/10/2025 (MT Newswires) -- (Update with NVIDIA's ( NVDA ) comment in seventh paragraph) US President Joe Biden's administration is planning one more round of restrictions on the export of artificial intelligence chips, Bloomberg reported Wednesday, citing people familiar with the matter. The regulations, which could be issued as soon as Friday, would create three tiers of...
Japan's Data Still Points to Rate Hike, Says Mitsubishi UFG
Japan's Data Still Points to Rate Hike, Says Mitsubishi UFG
Jan 10, 2025
06:15 AM EST, 01/10/2025 (MT Newswires) -- The yen (JPY) rebounded modestly on Thursday, but remains close to the lows around 160.00 hit last year after market participants lost conviction in December over the Bank of Japan's appetite to raise rates, said Mitsubishi UFG. However, the decision to hike in January by 25bps is still seen as a possibility and...
Copyright 2023-2026 - www.financetom.com All Rights Reserved