Prospect Medical Holdings Rises On Acquisition New

Shares of Prospect Medical Holdings Inc PZZ are rising after the news of its acquisition by Leonard Green & Partners LP. PZZ’s shares rose 37.42% to $8.41 at 10:32 am. PZZ has agreed to be acquired by Leonard Green & Partners LP for $8.50 per share in cash. Prospect Medical Holdings’ shares have lost 13.80% over the past week, while moving up 44.00% so far this year. Read more from Benzinga's Company news.