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SolAmor Hospice and Allegiance Hospice are providers of hospice services. They focus on offering palliative care for patients with terminal illnesses.
Deal Type Acquisition Sub-Category Majority Acquisition Deal Status Completed: 2009-10-01
Deal Participants
Target (Company) Allegiance Hospice Group Inc Acquirer (Company) SolAmor Hospice Corporation
Deal Rationale
The geographic markets that Allegiance serves fit perfectly with the SolAmor markets and the acquisition is expected to increase the size of SolAmor's revenue by almost 70%.
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