Kindred in late-stage talks to sell skilled nursing unit; shares up 8%

|About: Kindred Healthcare, Inc. (KND)|By:, SA News Editor

According to Dealreporter, Kindred Healthcare (KND +7.9%) is in the latter stages of negotiations with multiple suitors to divest its skilled nursing facility business. The company says there is also interest in a complete buyout, an option it will be "willing to engage" if the premium makes sense.

Source: The Fly