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DaVita Inc. (DVA) Rose Sharply Following Acquisition

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

DaVita Inc. (DVA) announced Monday morning that it entered into a definitive merger agreement with HealthCare Partners. The combined company will be named DaVita HealthCare Partners Inc. The purchase price to be paid by DaVita is approximately $4.42 billion.

DaVita climbed for the majority of the morning Monday and finished up by 3.99 at $84.80, with volume at over a 7-month high. The stock rebounded off of support, following a 2 1/2 week decline.

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