KINDRED AND GENTIVA REACH DEFINITIVE AGREEMENT CREATING NATION-WIDE INTEGRATED CARE DELIVERY SYSTEM PREFERRED BY CONSUMERS AND PAYORS Combination Will Help Transform the American Healthcare Delivery System by Providing Patient- Centered, Coordinated...Kindred and Gentiva Reach Definitive Agreement • October 9th, 2014 • Kindred Healthcare, Inc • Services-nursing & personal care facilities
LOUISVILLE, Ky. and ATLANTA (October 9, 2014) – Kindred Healthcare, Inc. (“Kindred” or the “Company”) (NYSE:KND) and Gentiva Health Services, Inc. (“Gentiva”) (NASDAQ:GTIV) today announced that the companies have entered into a definitive merger agreement under which Kindred will acquire all of the outstanding shares of Gentiva common stock for $19.50 per share in a combination of cash and stock. The agreement was unanimously approved by the boards of directors of both companies.
