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Every day receive the best plan of attack for the next day's trading directly from professional trader Kevin Haggerty.| Hotty Miss | by www.tradingmarkets.com. All rights reserved. | 21.12 | 17:13 |
Horizon Health Corporation closed up $.19 at $16.13 Wednesday, near the middle of a narrow 6-week range.
The stock is up $3.17 on $250K shares in trading before the bell Thursday. The company stated that under the terms of the deal, its stockholders would receive $20 in cash for each share of its Common Stock they hold.
The deal is subject to approval by company's stockholders and regulatory approvals, as well as satisfaction of other customary closing conditions. The company expects the transaction to be closed in the second calendar quarter of 2007.
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