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Ownes & Minor (OMI) Acquires Apria (APR) for $37.50/sh or $1.45B

January 10, 2022 6:01 AM EST

Owens & Minor, Inc. (Owens & Minor) (NYSE: OMI) and Apria, Inc. (Apria) (Nasdaq: APR) today announced that the companies have entered into a definitive agreement pursuant to which Owens & Minor will acquire Apria for $37.50 in cash per share of common stock, representing an equity value of approximately $1.45 billion.

Im very excited about the acquisition of Apria, which will strengthen our total company value proposition. The combination of two complementary businesses in Byram Healthcare and Apria will enable us to better serve the entire patient journey - through the hospital... More