Addus HomeCare Entered Definitive Agreement To Acquire Personal Care Operations Of Gentiva For ~$350M
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Addus HomeCare has entered into a definitive agreement to acquire the personal care operations of Gentiva for approximately $350 million.
June 10, 2024 | 12:01 pm
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Addus HomeCare has entered into a definitive agreement to acquire the personal care operations of Gentiva for approximately $350 million. This acquisition is expected to expand Addus HomeCare's service offerings and market reach.
The acquisition of Gentiva's personal care operations is a significant strategic move for Addus HomeCare, likely to enhance its service portfolio and market presence. This could positively impact the stock price in the short term as investors react to the growth potential.
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