secwatch.observer — SEC 8-K summary
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Issuer:     CHEMED CORP (CHE)
CIK:        0000019584
Form:       8-K
Filed at:   2024-04-17T23:59:59+00:00
Accession:  0001562762-24-000090
Event type: m_and_a
Sentiment:  positive
Materiality: 0.65
Item codes: 2.01
LLM model:  deepseek-v4-flash:cloud@v2

VITAS completes $85M acquisition of Covenant hospice operations in Florida and Alabama
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- Purchased substantially all hospice operations and an assisted living facility from Covenant for $85M in cash.
- Hospice markets include Pensacola, Tallahassee, Fort Walton Beach, Panama City in FL and Dothan, Mobile in AL.
- Transaction was previously announced on March 13, 2024 and closed effective April 17, 2024.
- Purchase funded using cash on-hand; no new debt or equity issued.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/19584/000156276224000090/0001562762-24-000090-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/19584/000156276224000090/che-20240417x8k.htm
  HTML page:      https://secwatch.observer/filing/0001562762-24-000090

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