Select Medical stock ends public trading after a USD 3.9 billion buyout

Select Medical, a large operator of rehabilitation and specialty hospitals across the United States, has completed a $3.9 billion leveraged buyout that removed its shares from public stock exchanges. The transaction converts the company to private ownership, ending its period as a publicly traded entity. Select Medical operates numerous inpatient rehabilitation facilities and outpatient physical therapy clinics, making this ownership change potentially significant for PT practitioners and patients who receive care within its network.

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