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NYSE:SEM 2 July 2026

Select Medical (NYSE:SEM) leaves NYSE after $3.9B buyout, one-cent deal spread

Select Medical (NYSE:SEM) leaves NYSE after $3.9B buyout, one-cent deal spread

Select Medical Holdings Corporation closed its run on the New York Stock Exchange with shares finishing nearly right at the cash price for its merger. That wrapped up its time in the market as an option on hospitals, rehab clinics, and steady cash flow. Select Medical, based in Mechanicsburg, Pennsylvania, said June 30 it wrapped up its sale to a group led by Executive Chairman and co-founder Robert A. Ortenzio, Senior EVP of Strategic Finance and Operations Martin F. Jackson, and Welsh, Carson, Anderson & Stowe. Shareholders get $16.50 per share in cash, putting Select Medical's value near $3.9 billion, according to the company. The merger closed at 12:01 a.m. on July 1. SEM stopped trading and lost its NYSE listing the same day.
2 July 2026
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