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0 0.001839850840664 0.001839850840664 0.00227517269135679 -0.00479675397744533 -0.00591380627356286 -0.00516636686954305 -0.00115812039523945
Stock impact report

VITAS Completes the Previously Announced Purchase of Assets of Covenant in Florida and Alabama [Yahoo! Finance]

Chemed Corp (CHE) 
Last chemed corp earnings: 4/28 04:15 pm Check Earnings Report
US:NYSE Investor Relations: ir.chemed.com/investor-overview
Company Research Source: Yahoo! Finance
the completion of the previously announced purchase of all hospice operations and an assisted living facility from Covenant Health and Community Services, Inc. d/b/a/ Covenant Care ("Covenant") for an aggregate purchase price of $85 million. The transaction is structured as an asset purchase. Covenant's hospice operations span the panhandle of Florida and Alabama, specifically including the Tallahassee, Marianna, Fort Walton Beach, Panama City, Crestview and Pensacola markets in Florida, and the Dothan and Mobile/Daphne markets in Alabama. The transaction, which was announced on March 13, 2024, closed effective April 17, 2024. Listed on the New York Stock Exchange and headquartered in Cincinnati, Ohio, Chemed Corporation ( www.chemed.com ) operates two wholly owned subsidiaries: VITAS Healthcare and Roto-Rooter. VITAS is the nation's largest provider of end-of-life hospice care and Roto-Rooter is the nation's leading provider of plumbing and drain cleaning services. Statements Show less Read more
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