February 28, 2018 / 9:23 PM / 6 months ago

BRIEF-Addus Homecare Says Signs Agreement To Purchase Ambercare Corporation​

Feb 28 (Reuters) - Addus Homecare Corp:

* ADDUS HOMECARE CORP - ‍SIGNING OF A DEFINITIVE AGREEMENT TO PURCHASE AMBERCARE CORPORATION​

* ADDUS HOMECARE CORP - ‍ADDUS EXPECTS TO COMPLETE TRANSACTION IN Q2 OF 2018 FOR A PURCHASE PRICE OF $40.0 MILLION​

* ADDUS HOMECARE CORP - DEAL TO BE ‍FUNDED THROUGH DELAYED DRAW TERM LOAN PORTION OF ITS CREDIT FACILITY​

* ADDUS HOMECARE CORP - ‍EXPECT TRANSACTION TO BE ACCRETIVE TO CO’S 2018 FINANCIAL RESULTS​ Source text for Eikon: Further company coverage:

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