Shares of Vanguard Health Systems Inc. (NYSE: VHS) rallied more than 65% by afternoon trade on Monday. The hospital services provider, Tenet Healthcare Corp. (NYSE: THC) agreed to buy Vanguard Systems in a transaction valued at $1.63 billion. The acquisition will help Tenet to diversify its healthcare service business.
Continue reading Major Movers on June 24; VHS, THC, ISIS, STEC, KEYN, AGN, DE
Tenet Healthcare Corp. (NYSE: THC) announced on Monday that it has agreed to acquire Vanguard Health Systems Inc. (NYSE: VHS) in a deal valued at about $1.63 billion. The move will allow Tenet Healthcare to diversify its healthcare service business.
Continue reading Tenet Healthcare to acquire Vanguard Health Systems (THC, VHS)
Shares of Veeco Instruments Inc. (NASDAQ:VECO) rallied on Monday after analysts at Canaccord Genuity boosted their rating on the stock to “buy” from “sell”, citing that LED market has bottomed out and stock offers attractive valuation.
Continue reading Major Movers on March 25; VECO, APOL, KWK, BBRY, JASO, IDIX, RHT, FB, VHS