OPCH

Option Care to buy homecare service provider Amedisys in $3.6 bln deal

Credit: REUTERS/DADO RUVIC

Adds deal details

May 3 (Reuters) - Homecare services provider Option Care Health Inc OPCH.O said on Wednesday it is acquiring Amedisys Inc AMED.O in an all-stock deal valued at $3.6 billion, including debt.

The deal values Amedisys at $97.38 per share, which represents a ~26% premium over the stock's close on May 2.

Upon closing, Option Care stockholders will own about 64.5% of the combined company and Amedisys stockholders will own the rest.

(Reporting by Aditya Samal; Editing by Maju Samuel)

((Aditya.Samal@thomsonreuters.com;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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