Lifepoint Health surges 35% after buyout report
Shares in hospital operator Lifepoint Health Inc. surged more than 35% in after-hours trading Friday after a report that private-equity firm Apollo Global Management LLC is in talks to buy the firm. Reuters reported that Apollo "is in advanced talks" to buy the firm at a valuation that could hit $6 billion, including debt, citing unnamed sources. Lifepoint ended trading Friday with a market capitalization of less than $1.9 billion, and Reuters reported it had about $2.9 billion in long-term debt. Читать дальше...