Owens & Minor, Inc. (NYSE: OMI) announces it has mutually agreed with Rotech Healthcare Holdings Inc. to terminate the previously announced acquisition. Under the terms of the merger agreement, Owens & Minor has paid $80 million to Rotech Healthcare. Owens & Minor will also redeem the $1 billion of notes issued in April 2025, which […]
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Quest Health Solutions has grown its top-line revenue 25% in the year since it received an investment from Sumitomo Corp. and CEO Adam Nadler expects that growth to continue with a new financial commitment from the Tokyo-based investor and a new acquisition. Sumitomo entered the U.S. health care market in mid-2024, when it invested in
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Bio_Sole International Group Ltd., the U.S. subsidiary of Canadian biometric pioneer autonomous_ID Corporation, announces the acquisition of Atlantic Footcare, a Rhode Island-based insole manufacturer bringing over 50 years of experience supplying leading U.S. footwear brands. Unlike wrist-based wearables that focus on step counts and heart rate, Bio_Sole’s underfoot platform captures a unique combination of gait,
Quipt Home Medical Corp. (“Quipt” or the “Company”) (NASDAQ: QIPT; TSX: QIPT), a U.S. based home medical equipment provider focused on end-to-end respiratory care, announces that it has received an unsolicited non-binding and conditional and indicative proposal from Forager Capital Management, LLC (“FCM”) to acquire 100% of the Company’s issued and outstanding common shares at
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AdaptHealth (Nasdaq: AHCO) has reportedly landed the durable medical equipment (DME) business of a large regional health system. On May 14, a local newsroom serving the Lebanon County, Pennsylvania, market reported that AdaptHealth purchased the DME business of WellSpan Health. The transaction will be effective on June 1, according to the report. “WellSpan is constantly
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