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Key Developments: Select Medical Holdings Corp (SEM.N)

SEM.N on New York Stock Exchange

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27 May 2016
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Latest Key Developments (Source: Significant Developments)

Select Medical Holdings Corporation announces sale of its contract therapy
Thursday, 31 Mar 2016 06:22pm EDT 

Select Medical Holdings Corporation:Says along with its wholly-owned subsidiaries have entered into a Stock Purchase Agreement and sold its contract therapy business to an affiliate of Encore Rehabilitation Services, LLC, a portfolio company of Revelstoke Capital Partners LLC.Says deal for $65.0 million in cash.Stock Purchase Agreement also provides for an earn-out of up to an aggregate of $7.5 million payable to Select Medical Corporation based on the contract therapy business meeting certain revenue thresholds from 2016 to 2018.Stephens Inc. acted as financial advisor to Select Medical.  Full Article

Select Medical Holdings Corp announces signing of definitive agreement to acquire Physiotherapy Associates Holdings Corp
Monday, 25 Jan 2016 07:59am EST 

Select Medical Holdings Corp:Announced that its wholly-owned subsidiary, Select Medical Corporation (Select), has entered into a Merger Agreement to acquire Physiotherapy Associates Holdings, Inc. for $400.0 million.  Full Article

Select Medical Holdings Corp gives FY 2016 outlook
Monday, 11 Jan 2016 08:01am EST 

Select Medical Holdings Corp:Expects consolidated net operating revenues for FY 2016 to be in the range of $4.0 billion to $4.2 billion.Expects net income before interest, income taxes, depreciation and amortization, stock compensation expense, other income/(expense), and equity in earnings/(losses), or adjusted EBITDA for FY 2016 to be in range of $470 million to $510 million.Expects fully diluted income per common share for FY 2016 to be in the range of $0.72 to $0.91.  Full Article

Select Medical Holdings Corp updates FY 2015 outlook
Thursday, 29 Oct 2015 04:30pm EDT 

Select Medical Holdings Corp:Expect for FY 2015 consolidated net operating revenues to be in the range of $3.675 billion to $3.725 billion, Adjusted EBITDA in the range of $400.0 million to $410.0 million.Says fully diluted income per common share for FY 2015 to be in the range of $0.92 to $0.97.  Full Article

Select Medical Holdings Corp raises FY 2015 outlook
Thursday, 6 Aug 2015 04:30pm EDT 

Select Medical Holdings Corp:Expects FY 2015 consolidated net operating revenues to be in the range of $3.675 billion to $3.750 billion.Expects FY 2015 Adjusted EBITDA in the range of $430.0 million to $445.0 million.Expects FY 2015 fully diluted income per common share in the range of $0.90 to $0.96.FY 2015 revenue of $3.312 billion, EBITDA of $384 million and EPS of $0.91 - Thomson Reuters I/B/E/S.  Full Article

Select Medical Holdings Corp announces completion of acquisition of Concentra Inc through joint venture with Welsh Carson
Monday, 1 Jun 2015 04:15pm EDT 

Select Medical Holdings Corp:Says MJ Acquisition Corporation, a joint venture that Select Medical Corporation formed with Welsh, Carson, Anderson & Stowe XII, L.P., has completed its previously announced acquisition of Concentra Inc.  Full Article

Select Medical Holdings Corp proposed acquisition of Concentra Inc. through joint venture
Wednesday, 20 May 2015 12:12pm EDT 

Select Medical Holdings Corp:Says acquisition of Concentra Inc by MJ Acquisition Corporation.MJ Acquisition Corporation has signed a definitive purchase agreement to acquire all of issued and outstanding equity securities of Concentra.  Full Article

Select Medical Holdings Corp reaffirms FY 2015 outlook
Thursday, 30 Apr 2015 04:30pm EDT 

Select Medical Holdings Corp:Reaffirms FY 2015 business outlook, provided most recently in Feb. 19, earnings release.Expects consolidated net operating revenues for FY 2015 to be in the range of $3.1 billion to $3.2 billion.Expects net income before interest, income taxes, depreciation and amortization, stock compensation expense, other income/(expense), and equity in earnings/(losses), or Adjusted EBITDA for the FY 2015 to be in the range of $370.0 million to $385.0 million.Expects fully diluted income per common share for the FY 2015 to be in the range of $0.84 to $0.90.FY 2015 revenue of $3.21 billion, EBITDA of $374 million - Thomson Reuters I/B/E/S.  Full Article

Select Medical Holdings Corp declares cash dividend
Thursday, 19 Feb 2015 04:30pm EST 

Select Medical Holdings Corp:Declares cash dividend of $0.10 per share.Payable on or about March 11, of record as of the close of business on March 4.  Full Article

Select Medical Holdings Corp reaffirms FY 2015 guidance
Thursday, 19 Feb 2015 04:30pm EST 

Select Medical Holdings Corp:Expects consolidated net operating revenues for FY 2015 to be in the range of $3.1 billion to $3.2 billion.Expects net income before interest, income taxes, depreciation and amortization, stock compensation expense, other income/(expense), and equity in earnings/(losses), or Adjusted EBITDA for the FY 2015 to be in the range of $370.0 million to $385.0 million.Expects fully diluted income per common share for the FY 2015 to be in the range of $0.84 to $0.90.FY 2015 revenue of $3.15 billion, EBITDA of $374 million - Thomson Reuters I/B/E/S.  Full Article