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Jun. 11, 2012, 9:48 AMLHC 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. | Comment!
Mar. 14, 2012, 9:42 AMP-E firm TPG Capital is considering making an offer for LHC Group (LHCG +3.8%), Reuters reports, as the provider of home health and hospice services reviews its strategic alternatives. LHCG has been hit by a series of setbacks, including reimbursement cuts, federal investigations into billing practices and new Medicare regulations. | Comment!
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