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Skilled Healthcare Group Inc to combine with Genesis HealthCare in 100 pct stock transaction

Monday, 18 Aug 2014 04:15pm EDT 

Skilled Healthcare Group Inc:Signs definitive agreement to combine with Genesis HealthCare, one of the providers of post acute care services, based in Kennett Square, PA.Under terms of agreement, Skilled Healthcare shareholders will collectively own 25.75 pct of vote and value of fully-diluted equity of the combined company.Genesis HealthCare shareholders will own the other 74.25 pct.Closing is expected to occur in early 2015, subject to regulatory approvals, as well as other customary closing conditions. 

Company Quote

0.09 +1.29%
26 Nov 2014