Addus HomeCare Announces Definitive Agreement to Divest Operations in New York [Yahoo! Finance]
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Addus HomeCare Corporation (ADUS)
Last addus homecare corporation earnings: 3/17 04:05 pm
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US:NASDAQ Investor Relations:
phx.corporate-ir.net/phoenix.zhtml?c=231191&p=irol-irhome
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Source: Yahoo! Finance
agreement to sell the Company's New York operations to HCS-Girling. Based in Brooklyn, New York, HCS-Girling is a leading provider of home health and home care services. The operations being sold consist of all of the Company's personal care operations in the state of New York, including fiscal intermediary services under the New York Consumer Directed Personal Assistance Program ("CDPAP"). The timing for the closing of the transaction is subject to customary regulatory approvals. The purchase price for the transaction will be up to $23.0 million, depending, in part, on future operating requirements for HCS-Girling in New York. The Company will use the proceeds from the transaction to reduce the outstanding balance on its revolving credit facility. Commenting on the announcement, Dirk Allison, Chairman and Chief Executive Officer, stated, "We are pleased to reach this agreement with HCS-Girling to divest our New York personal care operations and exit the state. This has been a chall
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ADUS
News
- Addus HomeCare Announces Definitive Agreement to Acquire Personal Care Operations of Gentiva [Yahoo! Finance]Yahoo! Finance
- Addus HomeCare Announces Definitive Agreement to Acquire Personal Care Operations of GentivaBusiness Wire
- Addus HomeCare (NASDAQ:ADUS) Might Have The Makings Of A Multi-Bagger [Yahoo! Finance]Yahoo! Finance
- Addus HomeCare Co. (NASDAQ: ADUS) had its price target raised by analysts at Oppenheimer Holdings Inc. from $118.00 to $130.00. They now have an "outperform" rating on the stock.MarketBeat
- Addus HomeCare Co. (NASDAQ: ADUS) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
ADUS
Earnings
- 5/6/24 - Beat
ADUS
Sec Filings
- 6/13/24 - Form 4
- 6/13/24 - Form 4
- 6/13/24 - Form 4
- ADUS's page on the SEC website