8-KThe WireRoutine
Company Update
Filed Mar 13, 2024 · 2y ago · Accession 0001562762-24-000053
Plain English
Material event — a significant development the company must disclose promptly.
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Filing text
View original ↗UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8 - K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (date of earliest event reported):
March 13, 20 24
CHEMED CORPORATION
(Exact name of registrant as specified in its charter)
Delaware
1 - 8351
31 - 0791746
(State or other
jurisdiction of
incorporation)
(Commission File Number)
(I.R.S. Employer
Identification
Number)
2600 First Financial Center , 255 East 5th Street , Cincinnati , OH 45202
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code:
( 513 ) 762 - 6690
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):
[_] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[_] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240-14a-12)
[_] Pre-commencement communications pursuant to Rule 14d-2(b) under Exchange Act (17 CFR 240-14d-2(b))
[_] Pre-commencement communications pursuant to Rule 13e-4 (c) under Exchange Act (17 CFR 240-13e-4(c))
Securities registered pursuant to 12(b) of the Act:
Title of each class
Trading symbol
Name of each exchange on which
registered
Capital stock $1 par value
CHE
NYSE
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934. [_]
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [_]
Page 1 of 4
Item 8.01 Other Events.
VITAS Acquisition
On March 13, 2024, Chemed issued a press release announcing that VITAS Healthcare Corporation (“VITAS”), a wholly-owned indirect subsidiary of Chemed, entered into an Asset Purchase Agreement (the “Agreement”) on March 12, 2024 to purchase substantially all of the hospice assets and an assisted living facility from Covenant Health and Community Services, inc. d/b/a Covenant Care, a Florida not for profit corporation (“Covenant”), for $85 million. Covenant operates hospice services in the panhandle of Florida and Alabama, including the Pensacola, Tallahassee, Marianna, Fort Walton Beach, Crestview and Panama City markets in Florida, and Dothan and Mobile market in Alabama. The purchase will be made using cash on-hand. The parties anticipate closing the transaction in the second quarter following receipt of certain regulatory and other approvals.
A copy of the press release announcing the events described above is attached hereto as Exhibit 99.1.
Page 2 of 4
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
CHEMED CORPORATION
Dated: March 13, 2024
By:
/s/ Michael D. Witzeman
Michael D. Witzeman
Vice President and Controller
Page 3 of 4
Exhibit Index
Exhibit No. Description
99.1 Press Release dated March 13, 2024
104 The cover page from this Current Report on Form 8-K formatted in Incline XBRL
Page 4 of 4
Filing details
- Company
- CHEMED CORP
- Ticker
- CHE
- CIK
- 19584
- Form type
- 8-K
- Filing date
- Mar 13, 2024
- Report date
- Mar 13, 2024
- Document
- che-20240313x8k.htm
- Size
- 216 KB