Acurity Health takeover offer 13 percent below bottom end of adviser's value range

Acurity Health takeover offer 13 percent below bottom end of adviser's value range
By Paul McBeth Aug. 17 (BusinessDesk) - Acurity Health Group, the private hospital operator formerly known as Wakefield Health, is worth at least 13 percent more than the $6-a-share offer by its two biggest shareholders, according to the independent adviser's report. The board of Acurity unanimously recommends shareholders don't accept the offer, which is "materially below the independent adviser's assessed value range for Acurity shares of $6.92 to $7.88," they said in a statement. The caveat on that is if investors have a short-term goal o...