LHC Group (LHCG) Affirms Review of Strategic Options
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LHC Group Inc. (Nasdaq: LHCG), reports its Board of Directors and management are engaged in a process to review strategic alternatives.
This review process involves an exploration and evaluation of a range of strategic alternatives to enhance stockholder value. The Board of Directors and management, working with advisers, plan to proceed in a timely and orderly manner, but have not set a definitive timetable for completion of this process.
There can be no assurance that this review process will result in a transaction or strategic alternative of any kind or of the potential timing or terms of any such transaction or strategic alternative. The Company does not intend to disclose developments or provide updates on the progress or status of this process unless it deems further disclosure is appropriate or required.
The Company has retained J.P. Morgan Securities, LLC, as its financial adviser and Alston & Bird, LLP, as its legal counsel to assist in this review process.
This review process involves an exploration and evaluation of a range of strategic alternatives to enhance stockholder value. The Board of Directors and management, working with advisers, plan to proceed in a timely and orderly manner, but have not set a definitive timetable for completion of this process.
There can be no assurance that this review process will result in a transaction or strategic alternative of any kind or of the potential timing or terms of any such transaction or strategic alternative. The Company does not intend to disclose developments or provide updates on the progress or status of this process unless it deems further disclosure is appropriate or required.
The Company has retained J.P. Morgan Securities, LLC, as its financial adviser and Alston & Bird, LLP, as its legal counsel to assist in this review process.
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