secwatch.observer — SEC 8-K summary
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Issuer:     CROSS COUNTRY HEALTHCARE INC (CCRN)
CIK:        0001141103
Form:       8-K
Filed at:   2024-12-04T23:59:59+00:00
Accession:  0000950103-24-017244
Event type: m_and_a
Sentiment:  positive
Materiality: 0.95
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Aya Healthcare to acquire Cross Country Healthcare for $18.61/share (~$615M all-cash)
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1141103/000095010324017244/0000950103-24-017244-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1141103/000095010324017244/dp221634_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950103-24-017244

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer