64.46 +0.01 (0.01%)
After hours: 4:28PM EDT
|Bid||64.30 x 3200|
|Ask||65.85 x 800|
|Day's Range||64.45 - 64.55|
|52 Week Range||41.45 - 65.35|
|PE Ratio (TTM)||59.51|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The deal comes two weeks after RCCH HealthCare Partners and LifePoint Health revealed their merger plans.
These stocks jumped much higher over the last few days. But should investors jump on the bandwagon?
LifePoint (LPNT) delivered earnings and revenue surprises of 17.59% and -0.71%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?
In an industry with low margins, high labor costs and a shrinking commercial base, consolidation is king. That could be the motivation behind LifePoint Health’s multibillion-dollar merger and buyout, according to some health care industry experts.
Moody's Investors Service ("Moody's") today placed the ratings of LifePoint Health, Inc. ("LifePoint"), including the Ba2 Corporate Family Rating (CFR), under review for downgrade. The rating review will focus on the financial leverage and capital structure resulting from the leveraged buy-out and merger. The review for downgrade is based on the expectation that the company will have higher financial leverage following the merger given private equity ownership and the fact that RegionalCare currently operates with significantly higher leverage than LifePoint.
Moody's Investors Service ("Moody's") today placed the ratings of RegionalCare Hospital Partners Holdings, Inc. ("RegionalCare"), including the B2 Corporate Family Rating (CFR), under review -- direction uncertain. The rating review will focus on the financial leverage and capital structure resulting from the merger transaction.
July 24 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - Nike Inc is raising salaries for more than ...
The benchmark U.S. S&P 500 index and the Nasdaq index rose on Monday as a jump in 10-year bond yields boosted financial sector stocks and investors anticipated continued strength in corporate earnings and U.S. economic growth. The financial sector stock index rose 1.3 percent after 10-year U.S. Treasury yields climbed to their highest level in five weeks.
Today, LifePoint Health (LPNT) announced that it would be merging with RCCH HealthCare Partners, which is owned by funds that are managed by the affiliates of private equity player Apollo Global Management, to form a privately held combined company called LifePoint Health. The deal is worth $5.6 billion, payable to shareholders as $65 per LifePoint Health share. This consideration also includes $2.9 billion in net debt and minority interest in LifePoint Health. The transaction is expected to result in a healthcare company with more than $8. ...
Eight Nashville-area CEO's headline new appointments to Nashville Health Care Council's board of directors.
The deal comes as Tennessee-based LifePoint and many of its peers face higher medical costs, fewer patient admissions and changes to reimbursement policies in Medicare and Medicaid that have pressured profits. To compensate, LifePoint has been beefing up its presence in rural regions including in Pennsylvania and Tennessee, and streamlining operations at healthcare facilities there. The deal will bring together LifePoint and Apollo's RCCH HealthCare Partners, LifePoint said in a statement, confirming a Reuters report on Friday that the parties were in advanced talks for a buyout.
Private-equity firm Apollo plans to merge LifePoint with RCCH HealthCare Partners, folding two health-care providers into the same company. Apollo agreed to buy RegionalCare Hospital Partners, now called RCCH, in 2015. As part of the deal, LifePoint shareholders will get $65 for each share owned, which is about a 36% premium to LifePoint’s closing price of $47.90 on Friday.
LifePoint Health Inc (NASDAQ: LPNT ) announced Monday its $5.6-billion sale to Apollo Global Management LLC (NYSE: APO )’s RCCH Healthcare Partners. The buyout price, $400 million less than what Reuters ...
Private equity firm Apollo Global Management will spend about $5.6 billion to buy the rural hospital chain LifePoint and combine it with health system operator RCCH HealthCare Partners. LifePoint shareholders will receive $65 in cash for each share in a deal that's worth about $2.7 billion not counting net debt and minority interest, the companies said. LifePoint has operations in 22 states, including community hospitals and regional health systems.
MARKET PULSE LifePoint Health Inc. (LPNT) shares jumped nearly 35% in premarket trade on Monday on the company's about $5.6 billion merger with RCCH HealthCare Partners, which is owned by funds managed by Apollo Global Management (APO) affiliates.
Shares of LifePoint Health surged in after-hours trading Friday following a report the company is in advanced talks to be acquired. LifePoint shares rose $19.10 or 40% to $67 in after-hours trading. The rural hospital operator is in talks with private equity firm Apollo Global Management, Reuters reported, citing two unnamed sources familiar with the discussions.
A LifePoint Health Inc. facility has settled a whistleblower lawsuit with the U.S. government that alleged Medicare fraud.
LifePoint Health Inc (NASDAQ:LPNT), a healthcare company based in United States, saw a decent share price growth in the teens level on the NasdaqGS over the last few months. WithRead More...
LifePoint Health (LPNT) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.