secwatch.observer — SEC 8-K summary
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Issuer:     Option Care Health, Inc. (OPCH)
CIK:        0001014739
Form:       8-K
Filed at:   2023-05-03T23:59:59+00:00
Accession:  0001104659-23-055567
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.90
Item codes: 1.01, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Option Care Health to acquire Amedisys in all-stock deal valued at ~$3.6B
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- Amedisys stockholders receive 3.0213 OPCH shares per AMED share, ~$97.38/AMED based on May 2 close, a 26% premium.
- Combined 2022 revenue ~$6.2B, adjusted EBITDA ~$622M; OPCH holders own ~64.5%, AMED holders ~35.5%.
- Expected annual run-rate synergies of ~$75M by year three (~$50M cost, ~$25M revenue).
- Board to expand to 10 directors; three Amedisys directors appointed post-close.
- Goldman Sachs committed $450M bridge loan facility for Amedisys debt refinancing and transaction costs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1014739/000110465923055567/0001104659-23-055567-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1014739/000110465923055567/tm2314202d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-055567

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