Acquisition News Spotlight: Allied Healthcare Featured on MicroStockProfit.com
01 Agosto 2011 - 5:50AM
MicroStockProfit.com announces a stock report featuring Allied
Healthcare International Inc. (Nasdaq:AHCI). The report briefly
notes the company's most recent developments and news, and outlines
its financial position, market performance, and comparison against
industry peers.
The full report is available at:
www.microstockprofit.com/lp/AHCI
Allied Healthcare International Inc. (AHCI) is a home care
provider of health and social care in the UK and Ireland. It
operates a community-based network of approximately 120 branches
with the capacity to provide home health aides, nurses, and
specialized medical personnel to locations covering approximately
90% of the UK population. During fiscal year ended September 30,
2010 (fiscal 2010), it placed an average of approximately 8,000
individuals each week with its customers.
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In the report, the analyst notes:
"Shares of AHCI jumped as much 57% on Friday as the Company
announced an agreement to be purchased by Saga Group Ltd. for about
$175 million. The deal values shares of AHCI at $3.90 a share for a
59% premium over the closing price on Thursday.
"AHCI reported total revenue of $67.5 million for the second
quarter of fiscal 2011, an increase of 3% from $65.5 million
reported during the same period in fiscal 2010."
To read the entire report visit:
www.microstockprofit.com/lp/AHCI
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