- Gentiva Health Services (NASDAQ:GTIV) +9.9% AH after rejecting Kindred Healthcare's (NYSE:KND) latest offer to buy a stake, saying it received a more valuable bid for the whole company from a party it identifies only as "a recognized owner, operator and investor in the sector."
- In rejecting KND's $16/share offer for a 14.9% stake, GTIV says the new suitor offered $17.25/share for all of its shares.
- GTIV says its board and advisers will review the new bid in due course, while saying KND's offer for the 14.9% position "would only be used as an irritant."
From other sites
at CNBC.com (Oct 9, 2014)
at CNBC.com (Aug 5, 2014)
at CNBC.com (Jul 22, 2014)
at CNBC.com (Jul 18, 2014)
at CNBC.com (Jul 14, 2014)
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