--- title: "Enhabit Shareholders Approve Merger and Transition to Private" type: "News" locale: "en" url: "https://longbridge.com/en/news/286140248.md" description: "Enhabit, Inc. shareholders approved a merger with Anchor Parent, LLC, with 71% of shares represented at the meeting. The merger proposal passed with 36,311,910 votes in favor. Following the merger on May 15, 2026, Enhabit will become a wholly owned subsidiary and its stock will be delisted from the NYSE. Analysts rate EHAB stock as a Hold with a price target of $13.80, citing improving financial performance but also risks related to merger litigation." datetime: "2026-05-12T17:57:35.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286140248.md) - [en](https://longbridge.com/en/news/286140248.md) - [zh-HK](https://longbridge.com/zh-HK/news/286140248.md) generator: "portal-rs" --- # Enhabit Shareholders Approve Merger and Transition to Private ### Claim 55% Off TipRanks - Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions - Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks An announcement from Enhabit, Inc ( (EHAB) ) is now available. At a special meeting of stockholders held on May 12, 2026, Enhabit, Inc. shareholders voted to adopt a merger agreement under which Anchor Merger Sub, Inc. will merge with Enhabit, leaving Enhabit as a wholly owned subsidiary of Anchor Parent, LLC. Approximately 71% of Enhabit’s outstanding common stock was represented at the meeting, and the merger proposal passed with 36,311,910 votes in favor, 18,275 against and 10,917 abstentions. Shareholders also approved, on a non-binding basis, a proposal regarding merger-related compensation for Enhabit’s named executive officers, with 33,086,210 votes for, 3,030,210 against and 224,682 abstentions. The parties plan to complete the merger on May 15, 2026, after which Enhabit’s common stock will be delisted from the New York Stock Exchange and cease trading, meaning existing public shareholders will no longer hold a publicly traded security and the company will transition to private ownership under Anchor Parent, LLC. The most recent analyst rating on (EHAB) stock is a Hold with a $13.80 price target. To see the full list of analyst forecasts on Enhabit, Inc stock, see the EHAB Stock Forecast page. **Spark’s Take on EHAB Stock** According to Spark, TipRanks’ AI Analyst, EHAB is a Neutral. EHAB scores in the mid-range primarily due to improving financial performance (strong revenue rebound, positive EBIT, solid free cash flow, and lower leverage), supported by a constructive technical trend. The score is capped by still-slightly negative net profitability and meaningful gross margin compression, with corporate-event risk from merger-related litigation despite progress toward deal completion. To see Spark’s full report on EHAB stock, click here. **More about Enhabit, Inc** Enhabit, Inc. operates in the healthcare sector, providing home health and hospice services across the United States. The company focuses on delivering post-acute care in patients’ homes, targeting individuals who require ongoing medical and rehabilitative support outside of hospital settings. **Average Trading Volume:** 1,558,197 **Technical Sentiment Signal:** Buy **Current Market Cap:** $706.4M For an in-depth examination of EHAB stock, go to TipRanks’ Overview page. ### Related Stocks - [EHAB.US](https://longbridge.com/en/quote/EHAB.US.md) ## Related News & Research - [LPSN: Adjournment was approved to reconvene on September 2nd after insufficient votes for the merger](https://longbridge.com/en/news/296507504.md) - [Lion Copper and Gold held annual general meeting, shareholders voted on proposals](https://longbridge.com/en/news/296262178.md) - [Jeanie Buss was only sibling who voted against selling shares](https://longbridge.com/en/news/296152709.md) - [MiniMed Group announces annual shareholder meeting](https://longbridge.com/en/news/296649574.md) - [Valion Bio amends 8-K to report final vote tally on reverse stock split approval](https://longbridge.com/en/news/296531983.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**