NYSE:SEMHealthcare
Select Medical Take Private Interest Spurs Fresh Look At Valuation Risks
Select Medical Holdings (NYSE:SEM) has received a nonbinding indication of interest to take the company private.
A special committee of the Board is currently reviewing the proposal.
The approach represents a potential change in ownership structure and corporate control.
For shareholders, the timing of this approach comes after a mixed share price record. The stock closed at $14.82, with a 1-year return of a 21.3% decline and a 3-year return of a 6.6% decline. Over 5 years, the share price...