Finance / United States
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Blackstone's Healthy Bid For Apria
June 2008 | M&A News AlertSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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The Blackstone Group announced on June 19 that it has agreed to buy Apria Healthcare for US$1.6bn, their first major leveraged buyout since the debt markets tightened last summer. Blackstone will pay US$21 a share, a 33% premium on their June 18 closing price of US$16.02.