Why Gentiva Health Services (GTIV) Stock Is Soaring Today

NEW YORK (TheStreet) -- Shares of Gentiva Health Services  soared 14.80% to $17.76 this afternoon after the home health and hospice care provider received a buyout offer of $17.25 per share, or about $635.5 million, from an undisclosed party, the Associated Press reports.  The bid is higher than the rejected offers from Kindred Healthcare  of $14.50 per share, or $534.2 million, and a more recent offer of $16 per share, or $88 million for a 14.9% stake in the company, that was turned dow...