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Enhabit, Inc.

EHAB/Kinderhook Industries, LLC (via Anchor Parent, LLC and Anchor Merger Sub, Inc.)private

Enhabit to be acquired by Kinderhook-affiliated funds for $13.80/share

$1.4BCash+33.8% premiumVote Scheduledhigh confidence

Key takeaways

  • Kinderhook Industries, LLC (via Anchor Parent, LLC and Anchor Merger Sub, Inc.) acquires Enhabit, Inc. — $1.4B aggregate · 34% premium (cash).

Merger Arbeconomics, downside, days

Deal value

$1.4B

cash

Per-share offer

Premium

+33.8%

Days to close

Term fee

Spread Calculator

Manual price entry · saved per ticker

Offer
Gross spread
Spread %
Annualizedno close date
ConsiderationCash
AnnouncedApr 24, 2026
Days outstanding84d
Expected close
Termination fee
Reverse term fee
Go-shop period
Fiduciary out
Financing condition
Debt commitment
Insider lock-up

Timelineannounced → close
  1. Announced

    Apr 24, 2026

  2. Preliminary Proxy

  3. Definitive Proxy

  4. Record date

  5. Shareholder vote

    May 12, 2026

  6. Expected close


Vote Mechanicsrecord / mailing / vote
Vote required66d post-vote
Vote dateMay 12, 2026
Record date
Mailing date
Record → vote
Thresholdthe affirmative vote of the majority of the voting power of the issued and outstanding shares of Common Stock
Min approvalparsed
Shares outstanding
Insider lock-up

Regulatory & ConditionsHSR / EU / CFIUS / MAC

No regulatory or closing-conditions data extracted yet. The merger agreement Exhibit 10.1 contains this in the “Conditions to Closing” and “Regulatory Approvals” articles.


Closing Conditionsapprovals · vote · financing · lockups
0 done · 1 pending · 1 total
  • Shareholder approval· the affirmative vote of the majority of the voting power of the issued and outstanding shares of Common Stock

Interloper Riskcompeting bids, activist filers

No competing-bidder, activist, or dissident-proxy signals in the database for this target.


Advisors

Acquirer side· Kinderhook Industries, LLC (via Anchor Parent, LLC and Anchor Merger Sub, Inc.)

None on record

Target side· Enhabit, Inc.


Counterparty Historyprior deals in DB
FirmRoleSideDeals in DB
Goldman Sachs & Co. LLCFinancialTarget1View deals →

Filing Timelineevery filing on this issuer
  1. Apr 24, 2026this filing

    Enhabit to be acquired by Kinderhook-affiliated funds for $13.80/share


Comparablessimilar size band, definitive
AnnouncedTargetAcquirerValueConsid.PremiumTerm Fee %
May 1, 2026Resulticks Global Companies Pte LimitedDiginex Limited$1.5Bstock
May 1, 2026Resulticks Global Companies Pte LimitedDiginex Limited$1.5Bstock
Apr 24, 2026CoinShares International LimitedVine Hill Capital Investment Corp.$1.2Bstock
May 1, 2026Esperion Therapeutics, Inc.(ESPR)ARCHIMED$1.1Bmixed+58.0%
May 1, 2026Esperion Therapeutics, Inc.(ESPR)ARCHIMED$1.1Bmixed+58.0%
Apr 24, 2026Bradbury Capital Holdings Inc.Technology & Telecommunication Acquisition Corporation$1.1Bstock
Apr 28, 2026XOMA Royalty Corporation(XOMA)Ligand Pharmaceuticals Incorporated$739Mcash+14.0%
Apr 24, 2026Enviri CorporationVeolia Environnement S.A.$3.0Bcash
Apr 24, 2026ONE Nuclear Energy LLCHennessy Capital Investment Corp. VII$1.0Bstock
Apr 24, 2026Stellar Bancorp, Inc.(STEL)Prosperity Bancshares, Inc.$2.0Bmixed

Sources

Enhabit, Inc. stockholders are being asked to vote on a merger with Anchor Merger Sub, Inc., a subsidiary of Anchor Parent, LLC (affiliated with Kinderhook Industries), with the transaction valued at $13.80 per share in cash. The merger consideration represents a 33.8% premium to the 60-day volume-weighted average share price as of February 20, 2026. The special meeting is scheduled for May 12, 2026, and approval requires the affirmative vote of the majority of outstanding shares.

Item id: d94e28b6-da9a-4d5f-b5ff-bf9f246aa46c · ingested Apr 24, 2026