Quick Take
AMN Healthcare (AMN) has announced the proposed acquisition of Stratus Video for $475 million.
Stratus has developed a remote video language interpretation platform for healthcare system applications.
With the deal for Stratus, AMN gains a service extension within the same industry, increased revenue growth, and a higher gross and EBITDA margin business to build on.
I'm BULLISH on AMN at the current price level.
Target Company
Clearwater, Florida-based Stratus was founded to create a remote video interpreting system and network for healthcare system communication and regulatory compliance.
Management is headed by President David