Select Medical's (SEM) Unit Begins IPO Roadshow for 22.5M Shares

Concentra has received approval to list its common stock on the New York Stock Exchange under the ticker symbol "CON." The IPO is contingent on market and other conditions, with no guarantees regarding its completion, size or terms. Select Medical partnered with private equity firm Welsh, Carson, Anderson & Stowe XII, L.P. to acquire Concentra from Humana (HUM) in 2015. However, at the beginning of this year, SEM unveiled plans to separate Concentra, aiming to establish it as a new publicly traded entity by ...