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0 0.000563460443938634 0.000569151963574363 0 0.000569151963574363 -0.000284575981787081 0 -0.000569151963574161
Stock impact report

Why Civitas Solutions Is Soaring Today [The Motley Fool]

Civitas Resources, Inc. (CIVI) 
Last civitas resources, inc. earnings: 8/7 04:15 pm Check Earnings Report
US:NYSE Investor Relations: civitas-solutions.com/investor-relations
Company Research Source: The Motley Fool
Shares jump after the company accepts a buyout offer. Brian Feroldi ( TMFTypeoh ) Dec 19, 2018 at 10:55AM What happened In response to the announcement that it has accepted a takeover offer, shares of Civitas Solutions   ( NYSE:CIVI ) , a provider of health and human services to people with special needs, rose 12% as of 10:33 a.m. EST on Wednesday. So what Civitas Solutions announced that it has agreed to be acquired by Centerbridge Partners, which is a private investment management firm. Here are the details of the transaction: The takeover price is $17.75 per share, which represents an enterprise value of about $1.4 billion. The deal will be made in cash.  The merger has been unanimously approved by Civitas' board of directors. The deal is expected to close before the end of Civitas' second fiscal quarter. Traders bid up the stock Show less Read more
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