Apria Charges Go Up
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COSTA MESA — Apria Healthcare Group Inc. said it will record fourth-quarter charges of $7 million to $10 million--higher than previous estimates--related to the termination of its planned merger with Vitas Healthcare.
Costa Mesa-based Apria, which provides home health-care services, previously estimated charges of $4 million to $8 million in connection with the termination.
Apria also said it paid Vitas $4 million as part of a settlement in which the companies released each other from claims, liabilities and other obligations stemming from the merger agreement.
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