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BioScrip Inc to Sell Home Health Services Business to LHC Group, Inc


Monday, 3 Feb 2014 07:15am EST 

BioScrip Inc:Enters into a definitive agreement to sell its Home Health business, known as Deaconess HomeCare, to LHC Group, Inc.Says consideration for $60 mln in cash.Says net proceeds from the sale will be used to pay down debt.Says Cain Brothers & Co., LLC acted as BioScrip's financial advisor in connection with the transaction and Polsinelli PC acted as BioScrip's legal advisor. 

Company Quote

6.46
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26 Nov 2014