DJIA53416.99 139.98
S&P 5007655.20 -19.17
NASDAQ25996.11 -184.34
Russell 20003001.30 -20.80
German DAX26118.99 -17.57
FTSE 10010854.32 37.76
CAC 408453.01 -31.42
EuroStoxx 506449.15 -16.50
Nikkei 22565528.09 0.00
Hang Seng25517.33 -492.13
Shanghai Comp3882.01 -23.19
KOSPI6696.96 0.00
Bloomberg Comm IDX139.38 -0.87
WTI Crude-fut88.04 -1.95
Brent Crude-fut85.01 -2.05
Natural Gas2.82 0.01
Gasoline-fut2.97 -0.08
Gold-fut4708.30 27.70
Silver-fut68.83 -0.70
Platinum-fut1889.10 -6.60
Palladium-fut1361.00 10.80
Copper-fut670.15 1.35
Aluminum-spot3195.00 0.00
Coffee-fut341.65 19.00
Soybeans-fut1224.25 -15.25
Wheat-fut699.50 0.25
Bitcoin78790.06 399.85
Ethereum USD2473.83 -46.79
Litecoin51.66 -2.10
Dogecoin0.09 0.00
EUR/USD1.1683 0.0000
USD/JPY158.88 0.17
GBP/USD1.3643 0.0016
USD/CHF0.8020 0.0026
USD IDX99.02 0.22
US 10-Yr TR4.706 -0.032
GER 10-Yr TR3.2556 0.0091
UK 10-Yr TR5.0594 0.0003
JAP 10-Yr TR2.882 0.001
Fed Funds3.75 0
SOFR3.65 0.02
Connect News Money news for every market and every facet, every day.
Connect Money Events Live and virtual events bringing together the best of information and networking.
Financial Industry Events Live industry events.
Connect Creative A full service marketing and PR agency.
Connect Awards View the A-list of money & submit nominations.
Connect Media Kit Advertise, Promote, Attend, Create – Work with Connect.
About Connect Meet the team behind the machine and taste a little of the secret sauce.
Connect News

Your source for clear, concise news of maximum importance to the financial services industry.

Connect Classroom

Offering on-demand online courses that provide continuing education credits for brokers, attorneys, appraisers and architects. Select from easily accessible video and written courses that cover a variety of CRE topics.

Find Your Course
High-rise commercial buildings

STAY INFORMED

News when you need it. All our Breaking News, right to your inbox.

Sub Markets

Topics

Direct Investment  + M&As  |  January 3, 2025
Aya Healthcare to Buy Cross Country Healthcare in $615M Take-Private Deal
Joe Palmisano
By: Joe Palmisano

Aya Healthcare to Buy Cross Country Healthcare in $615M Take-Private Deal

Aya Healthcare has acquired Cross Country Healthcare in a take-private all-cash deal valued at approximately $615 million. Aya will pay $18.61 per share, representing a 67% premium to Cross Country’s closing price on December 3, 2024.

Aya and Cross Country offer complementary, tech-enabled workforce solutions across the continuum of care. The proposed combination will diversify Aya’s coverage to include Cross Country’s clinical services in non-clinical settings, including schools and homes, in addition to travel nursing and allied health, per diem, permanent staff hiring, interim leadership, locum tenens and non-clinical professionals in all 50 states.

“By combining our strengths, resources and unwavering commitment to delivering best-in-class talent solutions, we are uniquely positioned to offer enhanced value to our healthcare systems, schools, clinicians and non-clinical professionals.” said Alan Braynin, president and CEO of Aya.

John A. Martins will continue as president and CEO of Cross Country upon closing. The deal is expected to close in the first half of 2025.

Procopio, Cory, Hargreaves & Savitch LLP is serving as legal advisor to Aya Healthcare. BofA Securities, Inc. is serving as financial advisor and Davis Polk & Wardwell LLP is serving as legal advisor to Cross Country Healthcare.

Connect

Inside The Story

Aya HealthcareCross Country Healthcare

About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.
Order Reprints
New call-to-action