Merger shifts 135,084 Select Medical (SEM) shares into parent LP

A corporate merger transaction has resulted in 135,084 shares of Select Medical (ticker: SEM) being transferred into a parent limited partnership. Select Medical is a major operator of specialty hospitals and outpatient rehabilitation clinics, making ownership restructuring relevant to the PT industry. This type of corporate realignment can signal shifts in strategic direction or ownership structure for a company with significant presence in physical therapy services.

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