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Fly News Breaks for December 18, 2017
KND
Dec 18, 2017 | 08:51 EDT
Deutsche Bank analyst Chris Rigg says that while he's Hold rated on Kindred Healthcare, the reported sale price of $9 per share to two private equity firms is low. The analyst notes that his sum-of-the-parts analysis has Kindred valued at $15 per share, or a 79% premium to Friday's close and 71% premium to the takeout price reported this weekend by the Wall Street Journal.
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