Knox Lane To Acquire Cross Country Healthcare In $437 Mln All-Cash Deal; Stock Up
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Knox Lane is set to acquire Cross Country Healthcare, Inc. for $437 million in an all-cash deal, with shares surging over 28% following the announcement. The acquisition price is $13.25 per share, and the transaction is expected to close in Q3 2026, making Cross Country a privately held company. BofA Securities is the financial advisor for the deal. CCRN's stock closed at $10.11, down 5.25%, but rose to $13.03 in pre-market trading.
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