Filed pursuant to Rule 425 under the Securities Act of 1933 and
deemed filed pursuant to Rule 14a-6 of the Securities Exchange Act of 1934
Filer: Kindred Healthcare, Inc.
Subject Company: Gentiva Health Services, Inc.
Form S-4 File Number: 333-200454
KINDRED HEALTHCARE ANNOUNCES GENTIVA HEALTH SERVICES STOCKHOLDER
APPROVAL OF COMBINATION
Transaction Expected to Close on February 2, 2015
LOUISVILLE, Ky. (January 22, 2015) Kindred Healthcare, Inc. (Kindred or the Company) (NYSE:KND) announced that, at the
Special Meeting of Stockholders of Gentiva Health Services, Inc. (Gentiva) (NASDAQ:GTIV) held today, the Gentiva stockholders approved Gentivas combination with Kindred.
As previously announced on October 9, 2014, Kindred and Gentiva entered into a definitive agreement under which Kindred will combine with
Gentiva for $14.50 per share in cash and 0.257 shares of Kindred common stock based upon an agreed upon fixed exchange ratio. Kindred expects to close the transaction on February 2, 2015.
Forward-Looking Statements
This
press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements include,
but are not limited to, statements regarding the Companys proposed business combination transaction with Gentiva (including financing of the proposed transaction and the benefits, results, effects and timing of a transaction), all statements
regarding the Companys (and the Company and Gentivas combined) expected future financial position, results of operations, cash flows, dividends, financing plans, business strategy, budgets, capital expenditures, competitive positions,
growth opportunities, plans and objectives of management, and statements containing the words such as anticipate, approximate, believe, plan, estimate, expect,
project, could, would, should, will, intend, may, potential, upside, and other similar expressions. Statements in this press release
concerning the business outlook or future economic performance, anticipated profitability, revenues, expenses, dividends or other financial items, and product or services line growth of the Company (and the combined businesses of the Company and
Gentiva), together with other statements that are not historical facts, are forward-looking statements that are estimates reflecting the best judgment of the Company based upon currently available information.
Such forward-looking statements are inherently uncertain, and stockholders and other potential investors must recognize that actual results
may differ materially from the Companys expectations as a result of a variety of factors, including, without limitation, those discussed below. Such forward-looking statements are based upon managements current expectations and include
known and unknown risks, uncertainties and other factors, many of which the Company is unable to predict or control, that may cause the Companys actual results, performance or plans with respect to Gentiva to differ materially from any future
results, performance or plans expressed or implied by such forward-looking statements. These statements involve risks, uncertainties and other factors discussed below and detailed from time to time in the Companys filings with the Securities
and Exchange Commission (the SEC).
Risks and uncertainties related to the proposed merger include, but are not limited to,
potential adverse reactions or changes to business relationships resulting from the announcement or completion of
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680 South Fourth Street
Louisville, Kentucky 40202
502.596.7300 www.kindredhealthcare.com
Kindred Healthcare Announces Gentiva Health Services Stockholder Approval of Combination
Page 2
January 22, 2015
the merger, uncertainties as to the timing of the merger, adverse effects on the Companys stock price resulting from the announcement or completion of the merger, competitive responses to
the announcement or completion of the merger, the risk that healthcare regulatory, licensure or other approvals and financing required for the consummation of the merger are not obtained or are obtained subject to terms and conditions that are not
anticipated, costs and difficulties related to the integration of Gentivas businesses and operations with the Companys businesses and operations, the inability to obtain, or delays in obtaining, cost savings and synergies from the
merger, uncertainties as to whether the completion of the merger or any transaction will have the accretive effect on our earnings or cash flows that we expect, unexpected costs, liabilities, charges or expenses resulting from the merger, litigation
relating to the merger, the inability to retain key personnel, and any changes in general economic and/or industry-specific conditions.
In addition to the factors set forth above, other factors that may affect the Companys plans, results or stock price are set forth in
the Companys Annual Report on Form 10-K and in its reports on Forms 10-Q and 8-K.
Many of these factors are beyond the
Companys control. The Company cautions investors that any forward-looking statements made by the Company are not guarantees of future performance. The Company disclaims any obligation to update any such factors or to announce publicly the
results of any revisions to any of the forward-looking statements to reflect future events or developments.
Additional Information
This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or
approval. This communication may be deemed to be solicitation material in respect of the proposed merger between Kindred and Gentiva. In connection with the proposed merger, Kindred has filed with the SEC a registration statement on Form S-4 (File
No. 333-200454), including Amendment No. 1 thereto, that contains a definitive proxy statement of Gentiva that also constitutes a prospectus of Kindred. The registration statement was declared effective by the SEC on December 18,
2014, and Kindred and Gentiva commenced mailing the definitive proxy statement/prospectus to Gentiva stockholders on December 22, 2014. SHAREHOLDERS OF GENTIVA ARE URGED TO READ ALL RELEVANT DOCUMENTS FILED WITH THE SEC, INCLUDING THE
DEFINITIVE PROXY STATEMENT/PROSPECTUS, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED MERGER. Investors and security holders are able to obtain copies of the definitive proxy statement/prospectus as well as other filings
containing information about Kindred and Gentiva, without charge, at the SECs website, http://www.sec.gov. Those documents, as well as Kindreds other public filings with the SEC, may be obtained without charge at Kindreds website
at www.kindredhealthcare.com. In addition, copies of the definitive proxy statement/prospectus, as well as Gentivas other public filings with the SEC, may be obtained without charge at Gentivas website at www.gentiva.com.
Participants in Solicitation
Kindred, Gentiva and their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from the
holders of Gentiva common stock in respect of the proposed merger. Information about the directors and executive officers of Kindred is set forth in the proxy statement for Kindreds 2014 Annual Meeting of Shareholders, which was filed with the
SEC on April 3, 2014. Information about the directors and executive officers of Gentiva is set forth in the proxy statement for Gentivas 2014 Annual Meeting of Shareholders, which was filed with the SEC on March 25, 2014. Investors
may obtain additional information regarding the interest of such participants by
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Kindred Healthcare Announces Gentiva Health Services Stockholder Approval of Combination
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January 22, 2015
reading the definitive proxy statement/prospectus regarding the proposed merger using the contact information above.
About Kindred Healthcare
Kindred
Healthcare, Inc., a top-150 private employer in the United States, is a FORTUNE 500 healthcare services company based in Louisville, Kentucky with annual revenues of $5 billion and approximately 62,600 employees in 47 states. At September 30,
2014, Kindred through its subsidiaries provided healthcare services in 2,376 locations, including 97 transitional care hospitals, five inpatient rehabilitation hospitals, 99 nursing centers, 22 sub-acute units, 152 Kindred at Home hospice, home
health and non-medical home care locations, 102 inpatient rehabilitation units (hospital-based) and a contract rehabilitation services business, RehabCare, which served 1,899 non-affiliated facilities. Ranked as one of Fortune magazines Most
Admired Healthcare Companies for six years in a row, Kindreds mission is to promote healing, provide hope, preserve dignity and produce value for each patient, resident, family member, customer, employee and shareholder we serve. For more
information, go to www.kindredhealthcare.com. You can also follow us on Twitter and Facebook.
Contacts
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Media
Susan Moss
Senior Vice President, Marketing and Communications
Kindred Healthcare, Inc.
502-596-7296
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Investors and Analysts Stephen
Farber Executive Vice President, Chief Financial Officer
Kindred Healthcare, Inc. 502-596-2525 |
Andrew Siegel / Nick Lamplough
Joele Frank, Wilkinson Brimmer Katcher
212-355-4449 |
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