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Why Shares of Amedisys Are Jumping Monday

Jim Halley, The Motley Fool
·2-min read
Why Shares of Amedisys Are Jumping Monday

Shares of home healthcare solutions company Amedisys (NASDAQ: AMED) were up more than 14% Monday morning after the company reported that it had received an unsolicited buyout offer from Optum, a branch of UnitedHealth Group. Amedisys was already having buyout discussions with Option Care Health, but UnitedHealth Group's offer is a $3.26 billion all-cash deal that would buy Amedisys for $100 per share, compared to Option Care's agreement with Amedisys of roughly $97.38 per share.

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