Key Developments: Almost Family Inc (AFAM.OQ)

AFAM.OQ on NASDAQ Stock Exchange Global Select Market

35.62USD
27 Feb 2015
Change (% chg)

$2.42 (+7.29%)
Prev Close
$33.20
Open
$33.69
Day's High
$36.08
Day's Low
$33.69
Volume
53,370
Avg. Vol
15,416
52-wk High
$36.08
52-wk Low
$19.88

Search Stocks

Latest Key Developments (Source: Significant Developments)

Almost Family Inc. signs definitive agreement to acquire WillCare HealthCare
Wednesday, 25 Feb 2015 09:00am EST 

Almost Family Inc:Signs definitive agreement to acquire the stock of WillCare HealthCare (WillCare).With this acquisition, Almost Family will operate over 230 branches across 15 states and its annual net revenue run rate is expected to approach the $600 million mark.The total purchase price for the stock is expected to range from $46 million to $53 million based on earnings prior to closing and subject to a working capital adjustment.The transaction will be funded from Almost Family's recently announced new $175 million senior secured revolving credit facility.Almost Family expects to close the Ohio portion of the transaction in early March.Subject to customary closing conditions and New York regulatory approval, the balance is expected to close in the second half of 2015.Company will fund $3 million of the purchase price with the Ohio closing and the balance on closing of the New York and Connecticut operations.The acquisition is expected to be accretive to EPS in 2015.  Full Article

Almost Family Inc announces agreement to acquire Caldwell County Hospital Home Health Agency
Friday, 14 Mar 2014 12:30pm EDT 

Almost Family Inc:Enters into agreement to acquire assets of Medicare-certified home health agency owned by Caldwell Medical Center located in Princeton, Kentucky.Terms of the transaction were not disclosed.Transaction is expected to close before the end of April 2014.  Full Article

Almost Family Inc completes acquisition of SunCrest HealthCare
Monday, 9 Dec 2013 07:30am EST 

Almost Family Inc:Says it has completed the previously announced acquisition of the stock of SunCrest HealthCare.Says total purchase price for the stock was $75.5 million, subject to a working capital adjustment.Says transaction was funded primarily from Almost Family's existing cash and borrowings from its senior secured revolving credit facility.  Full Article

Almost Family Inc Signs Definitive Agreement to Acquire SunCrest HealthCare
Tuesday, 5 Nov 2013 09:42am EST 

Almost Family Inc announced that it has signed a definitive agreement to acquire the stock of SunCrest HealthCare. SunCrest, a provider of skilled home health and personal care services generated over $150 million in revenue in 2012 and operates over 75 branch locations in nine states. With this acquisition, Almost Family will operate over 240 branches across 14 states and its annual net revenue run rate is expected to approach the $500 million mark. The total purchase price for the stock is $75.5 million, subject to a working capital adjustment. The transaction will be funded primarily from Almost Family's existing cash and borrowings from its senior secured revolving credit facility.  Full Article

Search Stocks