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As part of the agreement, approximately 950 employees will join CorroHealth. The transaction is expected to close by the end of September, subject to certain conditions.
The amount of the net gain from the sale has not yet been determined, and the final financial statement impact of the sale will depend on, among other things, net sale proceeds and the book value at the time of closing. As of June 30, 2024, the book value of the Healthcare Services business was approximately $136 million, including $113 million of goodwill and acquired intangible assets.
Posted In: NAVI
