Rescare Undecided On $370 Million Buyout Offer From Onex

Rescare said Thursday that it has yet to make a decision on a $370 buyout offer from Canadian private equity firm Onex Corp., according to Bloomberg News.

Rescare, a home health services provider, said a special committee of independent directors continues to hold talks with Onex. There’s no assurance any deal will result from the talks, Rescare said.

Onex, holds 24.9 percent of the voting power of ResCare stock, made an offer for the company last month.