Amedisys Shares Climb With Pact Ahead of UnitedHealth Deal (1)

(Adds share move in the first bullet, analyst comment in the fourth.)

Home health-care provider Amedisys stock rose about 3.8% in premarket trading after the firm said in a filing that it and UnitedHealth will sell some care centers, contingent on deal consummation.

• NOTE: UnitedHealth plans to purchase Amedisys in a $3.3 billion deal
• Amedisys sees UnitedHealth tieup closing in the second half of 2024
• Purchase agreement concerns the sale of some Amedisys home health care centers and some UnitedHealth care centers to VCG Luna, an affiliate of VitalCaring Group
• “With the divestiture now agreed upon...we see minimal risk ...