BUZZ-Select Medical rises as Ortenzio submits buyout proposal

Reuters

02/23

BUZZ-<a href="https://laohu8.com/S/SEM.WI">Select Medical</a> rises as Ortenzio submits buyout proposal

** Shares of healthcare services provider Select Medical SEM.N up 1.6% at $15.25 premarket

** Co's Executive Chairman and co-founder Robert Ortenzio delivered a refined non-binding proposal on February 22 to co's special committee - SEM

** He offered $16 per share in cash for all outstanding shares he does not already own, according to the proposal - SEM

** Shares up ~21% in 2025

(Reporting by Sahil Pandey in Bengaluru)

((Sahil.Pandey@thomsonreuters.com))

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