HORC Horizon Health Corp (MM)

Horizon Health Corporation (NASDAQ:HORC) today announced that it has retained UBS Securities, LLC as its financial advisor to assist the Company in exploring strategic alternatives to enhance shareholder value. No assurance can be given that any transaction will be pursued or, if a transaction is pursued, that it will be consummated. In making the announcement, Ken Newman, Chairman, President and CEO of Horizon Health, stated, �The Company has engaged the investment banking firm of UBS Securities, LLC to assist the Board in evaluating the assets and operations of the Company in order to review possible alternative strategies to achieve greater shareholder value. These alternatives may include a complete or partial sale of the Company, a merger, or a decision to take no action at this time.� Horizon Health is an owner of behavioral health facilities and a leading manager of clinical services for acute care hospitals and employers. The statements contained herein based on future expectations rather than on historical facts are forward-looking statements as defined under the Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. Numerous factors as outlined in the SEC Report filed by the Company could cause actual results to differ materially from those in any such forward-looking statements. There can be no assurance that statements made in this press release relating to future events will be achieved. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time. Horizon Health Corporation (NASDAQ:HORC) today announced that it has retained UBS Securities, LLC as its financial advisor to assist the Company in exploring strategic alternatives to enhance shareholder value. No assurance can be given that any transaction will be pursued or, if a transaction is pursued, that it will be consummated. In making the announcement, Ken Newman, Chairman, President and CEO of Horizon Health, stated, "The Company has engaged the investment banking firm of UBS Securities, LLC to assist the Board in evaluating the assets and operations of the Company in order to review possible alternative strategies to achieve greater shareholder value. These alternatives may include a complete or partial sale of the Company, a merger, or a decision to take no action at this time." Horizon Health is an owner of behavioral health facilities and a leading manager of clinical services for acute care hospitals and employers. The statements contained herein based on future expectations rather than on historical facts are forward-looking statements as defined under the Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. Numerous factors as outlined in the SEC Report filed by the Company could cause actual results to differ materially from those in any such forward-looking statements. There can be no assurance that statements made in this press release relating to future events will be achieved. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time.