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Fly News Breaks for April 23, 2019
ACHC
Apr 23, 2019 | 07:49 EDT
Citi analyst Ralph Giacobbe opened a "Positive Catalyst Watch" on Acadia Healthcare following headlines suggesting the company is seeking a sale of its U.K. business, and specifically the Priory assets for $1.3B. The analyst sees "some optionality," whether it is an outright sale of Priory or select asset sales in the region. He keeps a Buy rating on the shares.
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