Thursday, July 5, 2007

Quest Diagnostics options, shrs up on buyout talk

(Reuters) - Acquisition activity among health-care service companies, particularly by private-equity groups, has been healthy for the past year. Earlier this week, Manor Care , a nursing home company, agreed to be bought for about $4.9 billion, excluding debt, by the Carlyle Group.



Speculation that Quest would be the target of a leveraged buyout is not new and surfaced earlier this year.


Read more at Reuters.com Bonds News

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