More News related to SKH Skilled Healthcare (SKH) Shares Rise Amid Rumors Co. Receiving Private-Equity Interest Unusual 11 Mid-Day Movers 04/29: (SPWRA) (ACOM) (ASGN) Higher; (KVHI) (SUNH) (HRZ) Lower Morning Movers 04/29: (SPWRA) (NTGR) (ACOM) (ASGN) Higher; (KVHI) (SUNH) (KND) (RIMM) Lower Stocks in Skilled Nursing Facilities Sector Tumble as CMS Proposes Medicare Rate Cut (KND) (SKH) (SUNH) Pre-Open Movers 4/29: (SPWRA) (GT) (CAT) Higher; (RIMM) (KND) (DECK) Lower (more...) More News related to SKH More News related to Momentum Movers News Corp. (NWSA) Shares Falling as Co. Could Be Working on Joint Bid for Formula One Skilled Healthcare (SKH) Shares Rise Amid Rumors Co. Receiving Private-Equity Interest BP (BP) Shares Falling as Co. Planning to Hold Onto US Gulf Projects SeraCare Life Sciences (SRLS) Higher On Contract News ICE (ICE) Shares Fall Modestly as Traders React to Reiterated NYSE Offer, But Stock Now Bouncing More News related to Momentum Movers May 3, 2011 12:48 PM EDT
Shares of Skilled Healthcare (NYSE: SKH) have surged into positive territory Tuesday afternoon following reports from DealReporter which suggest the company is getting buyout interest from private-equity firms.
The stock is now up nearly 8 percent.
DealReporter names Omega, Ventas, HCP and Bain as possible suitors in the first round of bids, entered last month. Sources say if the company doesn't get bids in the $17-$18 range, management may look at other strategic options, including the separation of its real estate unit.