Pixabay | CC BY-SA 2.0
M&A

Almost Family, LHC Merge in $2.4 Billion Deal

By Alex Spanko |

Pixabay | CC BY-SA 2.0

A little further down the care continuum, two of the largest home health care companies in the nation on Thursday announced a $2.4 billion merger.

Louisville, Kentucky-based Almost Family, Inc. (Nasdaq: AFAM) and Lafayette, Louisiana-based LHC Group, Inc. (Nasdaq: LHCG) on revealed that they have agreed to combine in an all-stock merger of equals transaction.

For more details on the deal, which could potentially change the public face of home health partners at skilled nursing facilities across the country, check out the in-depth coverage on Home Health Care News, including a summary of the deal and commentary from executives at both companies.

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Written by Alex Spanko

Alex Spanko

Alex covers the skilled nursing industry for Aging Media Network, with a particular focus on the intersection of finance and policy. Outside of work, he reads nonfiction, experiments in the kitchen, enjoys pretty much any type of whiskey or scotch, and yells at Mets games from his couch — often all at once.