Concentra Group Holdings Parent, Inc. (CON): M&A transaction — Concentra completes spin-off from Select Medical; distributes 104M shares to Select stockholders

Concentra Group Holdings Parent, Inc.

Select Medical distributed 104,093,503 shares of Concentra common stock (81.7% ownership) to its stockholders.
Select Medical stockholders received 0.806971 shares of Concentra for each Select Medical share held as of Nov 18 record date.
No fractional shares issued; cash will be paid in lieu of fractional shares.
After distribution, Select Medical no longer owns any Concentra shares; Concentra now independently traded.

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

Concentra Group Holdings Parent, Inc. completed a disposition involving Select Medical Holdings Corporation for special stock distribution of 104,093,503 shares of Concentra's common stock (closed 2024-11-25).

Action: disposition
Counterparty: Select Medical Holdings Corporation
Consideration: special stock distribution of 104,093,503 shares of Concentra's common stock
Closing: 2024-11-25

Exact text from the filing

On November 25, 2024, Select Medical Holdings Corporation (“Select”) announced that it had completed the previously announced spin-off of Concentra Group Holdings Parent, Inc. (“Concentra”) by means of a special stock distribution of 104,093,503 shares of Concentra’s common stock that had been owned by Select Medical Corporation to Select’s stockholders as of the close of business on November 18, 2024 (the “Record Date”).

View on SEC.gov

Browse all m&a transactions →

Concentra Group Holdings Parent, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-24-123175

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.