Health Care Flat as Deal Activity Continues -- Health Care Roundup
Shares of health-care companies were more or less flat as deal activity continued. Shares of hospice and nursing concern Kindred Healthcare agreed to a buyout from insurance giant Humana and two private-equity firms in a deal worth $9 a share, or about $783.2 million. Hospital chain Tenet Healthcare said it was exploring the sale of its Conifer Health Solutions unit. The latest deals cap a highly active year for mergers in the sector, including CVS Holdings' agreement to buy health insurer Aetna.
-Rob Curran, email@example.com
(END) Dow Jones Newswires
December 19, 2017 17:01 ET (22:01 GMT)Copyright (c) 2017 Dow Jones & Company, Inc.