LifePoint Health Inc. (LPNT) Is Up Sharply After Bought By Apollo

LifePoint Health Inc. (LPNT) announced Monday morning that it has agreed to be acquired by RCCH HealthCare Partners, which is owned by Apollo Global Management (APO), for $65.00 per share in cash.

LifePoint Health has gapped open sharply higher this morning and is now up 16.17 at $64.07 on strong volume. The stock has leaped to nearly a 52-week high.

by RTTNews Staff Writer

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