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Blackstone unit to pay $1.6 bln for Apria Healthcare

NEW YORK (MarketWatch) — Apria Healthcare Group Inc. said Thursday that it has entered into a definitive merger agreement with an affiliate of The Blackstone Group in a transaction valued at approximately $1.6 billion. Under the terms of the merger agreement, Apria shareholders will receive $21.00 in cash for each outstanding share of common stock they hold, approximately 33% over the closing share price on Wednesday. The transaction will be financed through a combination of
equity contributed by Blackstone and debt financing committed by
affiliates of Bank of America, Wachovia and Barclays Capital.
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Original post by Forextvblog

This entry was posted on Thursday, June 19th, 2008 at 5:48 am and is filed under Daily Forex Analysis. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

3 Responses to “Blackstone unit to pay $1.6 bln for Apria Healthcare”

  1. apria | Lasts information Says:
    June 19th, 2008 at 1:00 pm

    […] Blackstone unit to pay $1.6 bln for Apria Healthcare5 hours ago NEW YORK (MarketWatch) — Apria Healthcare Group Inc. said Thursday that it has entered into a definitive merger agreement with an affiliate of The Blackstone Group in a transaction valued at approximately $1.6 billion. …Dollar Drops, Exchange rates, Forex and… - http://www.dollardrops.com/dollar […]

  2. apria | Hottags Says:
    June 19th, 2008 at 1:01 pm

    […] Blackstone unit to pay $1.6 bln for Apria Healthcare5 hours ago NEW YORK (MarketWatch) — Apria Healthcare Group Inc. said Thursday that it has entered into a definitive merger agreement with an affiliate of The Blackstone Group in a transaction valued at approximately $1.6 billion. …Dollar Drops, Exchange rates, Forex and… - http://www.dollardrops.com/dollar […]

  3. apria : scriptbest Says:
    June 19th, 2008 at 1:36 pm

    […] Blackstone unit to pay $1.6 bln for Apria HealthcareNEW YORK (MarketWatch) Apria Healthcare Group Inc. said Thursday that it has entered into a definitive merger agreement with an affiliate of The Blackstone Group in a transaction valued at approximately $1.6 billion. … […]

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