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National Home Health Care tilts toward Premier Home offer

May
24

National Home Health Care Corp., a Scarsdale-based provider of home health-care services, said a special committee of its board met Wednesday and decided that an offer to buy the company from Premier Home Health Care Services Inc. of White Plains is superior to one from Angelo Gordon & Co. Premier Home, which is offering $12.75 per share in cash, changed some of the financial details to make its offer more palatable to the board. Manhattan investment bank Angelo Gordon, which offered $12.50 a share, has four days to match the terms of the deal.

This entry was posted on Thursday, May 24th, 2007 at 6:14 pm by Julie Moran Alterio.
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Business in the Burbs is our online news blog about businesses based or operating in the Lower Hudson Valley. Visitors here will also find items of interest to consumers in the region. Most contributions are from business reporters and editors covering Westchester, Rockland and Putnam counties.

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