PRNewsWire
26 Jun 2026, 21:18 UTC · 4h ago
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What the story claims
2 claims · each scored for market impact
Select Medical stockholders have approved the acquisition of the company by a consortium led by Robert A. Ortenzio, Martin F. Jackson, and WCAS. — Stockholder approval is a critical hurdle for the deal to proceed, significantly increasing the likelihood of the company being taken private.
+0.60The closing of the merger is expected to occur in mid-2026, subject to remaining terms and conditions. — Provides a concrete timeline for the exit of public shareholders and the transition to private ownership.
+0.20Which stocks this story touches
The company's stockholders have approved the acquisition by a consortium, moving the merger toward completion.
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The company is acting as a joint lead arranger and financial advisor for the acquisition.
The company is serving as the exclusive financial advisor to the Special Committee.
The company is acting as a joint lead arranger and bookrunner for debt financing, representing a business win.
The company is serving as a financial advisor to WCAS.
[a_to_b] J.P. Morgan is serving as a joint lead arranger and bookrunner for the debt financing of the consortium acquiring Select Medical.
[a_to_b] Wells Fargo is serving as a joint lead arranger and bookrunner for the debt financing of the consortium acquiring Select Medical.
[a_to_b] Goldman Sachs is serving as the exclusive financial advisor to the Special Committee of Select Medical.
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