Pennant Announces Agreement to Purchase the Assets of Signature Healthcare at Home

EAGLE, Idaho, July 11, 2024 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice and senior living companies, announced today that it has entered into asset purchase agreements to acquire assets of certain affiliates of Signature Healthcare at Home ("Signature") for a combined purchase price of $80,000,000. The acquisition will add to Pennant's existing strength in the region while building out Pennant's operational footprint. ...