Humana Inc. is in “advanced talks” with twoprivate-equity firms to acquire Kindred Healthcare Inc. in a dealthat would value the medical operator at $4 billion including debt,the Wall Street Journal reported.
Humana, TPG, and Welsh, Carson, Anderson & Stowe LP wouldrun Kindred’s home and hospice-care business together, while thetwo private-equity firms would take over Kindred's facility operations that include acute-care hospitals andrehabilitation centers, the newspaper reported Sunday, citingpeople familiar with the matter that it didn’t name.
The deal is said to value Kindred at $9 a share, according tothe Journal, compared with the company’s closing stock price onDec. 15 of $8.60. The deal, which could still fall apart, may beannounced soon, the newspaper said.
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