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Hospice care provider VistaCare plans to sell 4.4mm shares in secondary offering

April 29, 2003

VistaCare, a provider of hospice services to 4,125 terminally ill patients per day, filed an S-1 registration statement for a secondary offering of 4.4 million shares on Tuesday. VistaCare, which is based in Scottsdale, AZ, went public on December 18, 2002 at $12 per share. Lehman Brothers is the lead manager for the deal and will be assisted by SG Cowen, William Blair and Jefferies. Timing has yet to be determined.