Seeking Alpha

Metropolitan Health Networks (MDF) is buying Continucare (CNU) for $416M in cash and stock,...

Metropolitan Health Networks (MDF) is buying Continucare (CNU) for $416M in cash and stock, creating a company with ~$660M in annual revenue. The $6.45/share deal is a 35% premium to Continucare's Friday close. CNU +17.8% to $5.62. (PR)
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