Addus HomeCare To Divest New York Operations To HCS-Girling For Up To $23M
Portfolio Pulse from Benzinga Newsdesk
Addus HomeCare Corporation (ADUS) has announced its decision to divest its New York operations to HCS-Girling for up to $23 million. This move is part of Addus's strategic plan to streamline its operations and focus on core markets.
May 21, 2024 | 12:06 pm
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Addus HomeCare Corporation (ADUS) is divesting its New York operations to HCS-Girling for up to $23 million. This strategic move aims to streamline Addus's operations and allow the company to focus on its core markets.
The divestiture of the New York operations is a strategic move by Addus HomeCare to streamline its operations and focus on its core markets. This could lead to improved operational efficiency and potentially better financial performance in the long term.
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