U.S. Renal Care Inc. and Dialysis Corporation of America (DCAI) Ink Deal to Combine Operations and Maximize Patient, Employee, Shareholder Value
Privately held U.S. Renal Care Inc. (USRC), a leading provider of outpatient dialysis services, recently announced it has entered into a definitive merger agreement to acquire Dialysis Corporation of America (DCA), a leading provider of outpatient kidney dialysis centers. Through a subsidiary, USRC will commence a tender offer for all of the outstanding common shares of DCA for $11.25 per share in cash, representing a premium of about 72% over recent trading prices. USRC will also acquire all remaining outstanding DCA shares at the tender offer price; the transaction has an aggregate value of approximately $112 million. Both companies are…