Health Care Flat as Deal Activity Continues -- Health Care Roundup

FeaturesDow Jones Newswires

Shares of health-care companies were more or less flat as deal activity continued. Shares of hospice and nursing concern Kindred Healthcare agreed to a buyout from insurance giant Humana and two private-equity firms in a deal worth $9 a share, or about $783.2 million. Hospital chain Tenet Healthcare said it was exploring the sale of its Conifer Health Solutions unit. The latest deals cap a highly active year for mergers in the sector, including CVS Holdings' agreement to buy health insurer Aetna.

-Rob Curran,

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(END) Dow Jones Newswires

December 19, 2017 17:01 ET (22:01 GMT)