Amedisys, Inc And Aurora Holdings Merger Sub Inc., A Wholly-Owned Subsidiary Of UnitedHealth Group Entered Into An Agreement And Plan Of Merger Agreement For The Acquisition Of Amedisys's Outstanding Stock In An All-Cash Transaction For $101/Share
Portfolio Pulse from Happy Mohamed
Amedisys, Inc. has entered into a merger agreement with Aurora Holdings Merger Sub Inc., a subsidiary of UnitedHealth Group, for the acquisition of Amedisys's outstanding stock at $101 per share in an all-cash transaction. Amedisys will become a wholly-owned subsidiary of UnitedHealth Group after the merger.
June 26, 2023 | 12:36 pm
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Amedisys's outstanding stock will be acquired by UnitedHealth Group subsidiary Aurora Holdings at $101 per share in an all-cash transaction.
The acquisition of Amedisys's outstanding stock at a premium price of $101 per share in an all-cash transaction is likely to have a positive short-term impact on the stock price.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
POSITIVE IMPACT
UnitedHealth Group's subsidiary, Aurora Holdings Merger Sub Inc., will acquire Amedisys's outstanding stock, making Amedisys a wholly-owned subsidiary of UnitedHealth Group.
The acquisition of Amedisys by UnitedHealth Group's subsidiary is likely to have a positive short-term impact on UnitedHealth Group's stock price as it expands the company's portfolio and presence in the healthcare sector.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100