Select Medical Holdings Corp. Completes Take-Private Merger, Delists from NYSE
Summary
Select Medical Holdings Corp. has completed its take-private merger, delisting its common stock from the NYSE and converting public shares into cash at $16.50 per share.
Key Events · M&A and Partnerships · SEM
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Merger Completed
The take-private merger of Select Medical Holdings Corp. is now effective as of July 1, 2026, with the company surviving as a private entity.
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Delisting from NYSE
The company's common stock has been delisted from the New York Stock Exchange, and the company will terminate its SEC registration.
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Cash Payout to Public Shareholders
Public shareholders received $16.50 per share in cash for their common stock, totaling approximately $1.7 billion.
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Management and Investor Rollover
Certain management members and affiliated investors rolled over their equity into the new private parent entity, receiving equity interests instead of cash.
Analysis · SEM · Industrial Applications And Services
This filing confirms the definitive completion of the take-private merger, a major corporate event that fundamentally alters the company's structure and investment status. Public shareholders have now exited their positions for cash, and the company's stock has been delisted, removing it from public trading. This marks the final step in a significant transaction that has been in progress since March 2026.
At the time of this filing, SEM was trading at $16.52 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $2B. This filing was assessed with neutral market sentiment and an importance score of 10 out of 10.