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BRIEF-LHC Group, University Health Care System Announce JV
2020-08-28 04:40
Aug 27 (Reuters) - LHC Group Inc :
* LHC GROUP AND UNIVERSITY HEALTH CARE SYSTEM ANNOUNCE JOINT VENTURE AGREEMENT
* JOINT VENTURE WILL INCLUDE 10 TOTAL LOCATIONS
* ANTICIPATED THAT JOINT VENTURE AGREEMENT WILL BE FINALIZED ON OCTOBER 1
* LHC GROUP WILL PURCHASE MAJORITY OWNERSHIP AND ASSUME MANAGEMENT RESPONSIBILITY
* EXPECTS JV WILL NOT MATERIALLY AFFECT ITS 2020 DILUTED EARNINGS PER SHARE
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((Reuters.Briefs@thomsonreuters.com;)
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