Enhabit acquired by Kinderhook for $13.80 per share; goes private

Enhabit, Inc.

Acquisition of Enhabit by Kinderhook completed at $13.80 per share; aggregate purchase price of approx. $762M.
Enhabit common stock delisted from NYSE; Company will file Form 15 to deregister and suspend SEC reporting.
All pre-Merger directors resigned; new board consists of Ryan Solomon, Dylan Black, and Julie Jolley.
Credit agreement amended: $105M incremental term loans added, revolver increased by $40M to $200M total.

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