M&A
confidence high
sentiment positive
materiality 0.95
Aya Healthcare to acquire Cross Country Healthcare for $18.61/share (~$615M all-cash)
CROSS COUNTRY HEALTHCARE INC
- Stockholders receive $18.61 per share in cash, a 67% premium to Dec 3 closing price.
- Transaction valued at approximately $615 million; no financing condition.
- Closing subject to Cross Country stockholder approval and expiration of HSR waiting period.
- Termination fee of $20 million payable by either party under specified conditions.
- Combined company to expand workforce solutions across healthcare and non-clinical settings.