U.S. M&A jumped 38% in the first 10 months of the year from a year earlier, and is likely to mark the strongest year for deals since 2008 financial crisis.
Wells Fargo upgraded Kindred Healthcare (KND) to 'outperform' from 'market perform' with a price target range raised to $16.50-$20 from $12-$14.
The S&P 500 suffered its worst day in six months as Wall Street endured a broad-based selloff on eurozone fears.
Stock markets are sinking Thursday amid a continued slowdown in global growth.
Cash and stock offer of $19.50 per share seals deal after secondary bidder Formation Capital dropped out of the auction process.