NEW YORK (TheStreet) -- Shares of Gentiva Health Services  (GTIV)  soared 14.80% to $17.76 this afternoon after the home health and hospice care provider received a buyout offer of $17.25 per share, or about $635.5 million, from an undisclosed party, the Associated Press reports. 

The bid is higher than the rejected offers from Kindred Healthcare (KND)  of $14.50 per share, or $534.2 million, and a more recent offer of $16 per share, or $88 million for a 14.9% stake in the company, that was turned down this morning, the AP noted.

The Atlanta-based company didn't disclose the name of the newest bidder but said the offer comes from "a recognized owner, operator and investor in the sector." 

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GTIV data by YCharts

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STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.