Pennant Acquires Nurses On Wheels; Financial Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Pennant Group, Inc. has acquired Nurses On Wheels. The financial terms of the acquisition were not disclosed.

May 16, 2024 | 8:31 pm
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Pennant Group, Inc. has acquired Nurses On Wheels, expanding its healthcare services portfolio. The financial terms were not disclosed.
The acquisition of Nurses On Wheels by Pennant Group, Inc. is likely to positively impact PNTG's stock price in the short term as it expands the company's healthcare services portfolio. The lack of disclosed financial terms introduces some uncertainty, but the strategic expansion is generally viewed favorably by investors.
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