11:07 AM EST, 11/25/2025 (MT Newswires) -- (Updates to include Select Medical Holdings' ( SEM ) recent stock movement in the headline and first paragraph.)

Select Medical Holdings ( SEM ) shares were up more than 15% in recent Tuesday trading following a take-private proposal from its executive chairman.

The company said late Monday that it has received a non-binding indication of interest from Executive Chairman and co-Founder Robert Ortenzio to acquire all the outstanding shares of Select Medical ( SEM ) for between $16 and $16.20 per common share in cash.

The board of directors is consulting with advisors to review and evaluate the proposal, the company said.

Price: 16.18, Change: +2.17, Percent Change: +15.49