LHC Group (LHCG -3.5%) decides to remain independent, ending a strategic review the home health...

|About: LHC Group (LHCG)|By:, SA News Editor

LHC Group (LHCG -3.5%) decides to remain independent, ending a strategic review the home health and hospice services provider began last year. LHCG says it may repurchase up to $50M of its outstanding shares with cash on hand or borrowings under debt facilities. TPG Capital reportedly had considered making an offer for the company.