Kindred Healthcare Sends Letter to the Gentiva Board of Directors

July 22, 2014 1:43 AM

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Kindred Healthcare, Inc. ("Kindred" or the "Company") (NYSE:KND) today sent the following letter to the board of directors of Gentiva Health Services, Inc. ("Gentiva") (NASDAQ:GTIV) in response to Gentiva's announcement on July 17, 2014 that an unnamed party has purportedly submitted a proposal to acquire Gentiva for $17.25 per share, subject to financing, due diligence, internal approvals and other conditions.

I am writing following the recent discussions among our respective financial advisors in response to the press release issued by Gentiva on July 17, 2014, which stated that an unnamed party has submitted a proposal to acquire the company for $17.25 per share in cash, subject to financing, due dilige...

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