Diagnostics M&A » By The Online Investor Staff, updated Fri., Apr. 19, 5:08 AM
Recent mergers and acquisitions in the Diagnostics M&A category.
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Slide #76. Chemed Corporation — Solari Hospice Care
Acquirer:
Chemed Corporation (NYSE:CHE)
Acquiree:
Solari Hospice Care
Details:
Chemed Corporation announced that its VITAS Healthcare Corporation ("VITAS") subsidiary has acquired the operating assets of Houston-based Solari Hospice Care effective April 1, 2013. In Houston, Solari Hospice Care serves approximately 60 patients and also operates a free-standing hospice inpatient facility that provides high acuity care to up to 12 patients.
Chemed purchases, operates and divests subsidiaries engaged in business activities. Co. conducts its business operations in two segments: the VITAS segment (VITAS) and the Roto-Rooter segment (Roto-Rooter). VITAS provides hospice and palliative care services to its patients through a network of physicians, registered nurses, home health aides, social workers, clergy and volunteers. Roto-Rooter provides plumbing, drain cleaning, excavation, water restoration and other related services to residential and commercial customers.
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Avg. Broker Rec.
 
|
Strong Buy (3.67 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Analysts' Target Price: CHE Stock Forecast Based on Zacks ABR data; powered by Xignite |
