The Federal Trade Commission has given antitrust clearance to Kindred Healthcare’s plan to purchase RehabCare Group for $1.3 billion in stock, cash payments and debt assumption.
Kindred-RehabCare merger to create nation’s biggest post-acute care provider
Feb 09, 2011
Kindred Healthcare announced Tuesday that it had reached an agreement to purchase competitor RehabCare in a deal valued at $1.3 billion, which includes the assumption of $400 million in debt.