EHC - Encompass Health shares make small move on takeover speculation
Encompass Health (EHC) had a small move up on some speculation that the company may be a takeover target.A recent plane trip from Encompass Health's headquarters in Birmingham, Alabama to Rhode Island is interesting since CVS Health (CVS) is based in the state, Gordon Haskett's Don Bilson noted earlier in an item.The visit comes as EHC has been exploring strategic alternatives for its home health and hospice business since late last year. Bilson see the potential that CVS could also be interested in the entire company.EHC announced today it will be presenting at BoFA Securities Virtual Health Care Conference May 11.Recall Jan. 29, Encompass Health paring losses after report on activist.
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Encompass Health shares make small move on takeover speculation