Select Medical (NYSE:SEM) leaves NYSE after $3.9B buyout, one-cent deal spread

Select Medical, a major operator of rehabilitation and specialty hospitals, has been taken private following a $3.9 billion buyout that ended its listing on the New York Stock Exchange. The deal closed with a minimal one-cent spread between the acquisition price and the final trading price. Select Medical operates a large network of facilities relevant to physical therapy, including inpatient rehabilitation hospitals and outpatient clinics.

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