Select Medical Holdings Corporation (“Select Medical,” “we,” “us,” or “our”) (NYSE: SEM) announces that it has entered into a definitive agreement (the “Merger Agreement”) pursuant to which an entity affiliated with a consortium led by Robert A. Ortenzio, Executive Chairman, Co-Founder and Director of Select Medical, Martin F. Jackson, Senior Executive Vice President of Strategic Finance and Operations of Select Medical, and Welsh, Carson, Anderson & Stowe (“WCAS” and, together with Mr. Ortenzio and Mr. Jackson, the “Consortium”) will acquire all of the outstanding shares of common stock of Select Medical not already owned by the Consortium for a price per share of $16.50 in cash (the “Merger Consideration”), representing an enterprise value of $3.9 billion.
Read the full article: Select Medical Holdings Corporation to Be Acquired by Consortium Led by Robert A. Ortenzio, Martin F. Jackson and WCAS //
Source: https://www.prnewswire.com/news-releases/select-medical-holdings-corporation-to-be-acquired-by-consortium-led-by-robert-a-ortenzio-martin-f-jackson-and-wcas-302701686.html