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home / news releases / encompass health spikes on merger push by jana partn

EHC - Encompass Health spikes on merger push by Jana Partners

Encompass Health Corporation
Encompass Health (EHC +2.3%) shares gained after Reuters reported that Jana Partners was pushing for a potential merger for the company's home health and hospice business. The activist investment firm wants Encompass Health (NYSE:EHC) to re-engage the interested parties for the plan before moving ahead with a spin-off of the unit, the news agency reported quoting the sources familiar with the matter on Tuesday. Jana Partners with over 2% of ownership stake in Encompass Health (EHC) has joined hands with health care industry executive Edwin "Mac" Crawford and is “privately” pushing for the move, the sources added.

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Encompass Health spikes on merger push by Jana Partners
Stock Information
Company Name: Encompass Health Corporation
Stock Symbol: EHC
Market: NYSE
Website: encompasshealth.com
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