Select Medical Holdings Corporation's Proposed Acquisition of Regency Hospital Company, L.L.C. Receives Antitrust Clearance

MECHANICSBURG, Pa., Aug. 20 /PRNewswire-FirstCall/ -- Select Medical Holdings Corporation (NYSE: SEM) today announced that it has received notification of early termination of the waiting period under the Hart-Scott-Rodino (HSR) Antitrust Improvements Act of 1976, as amended, applicable to its acquisition of Regency Hospital Company, L.L.C. ("Regency").

As previously announced, Select has signed a definitive purchase agreement to acquire all of the issued and outstanding equity securities of Regency.  The transaction, which is expected to close in the third quarter, is subject to the closing conditions set forth in the purchase agreement.

Select Medical Holdings Corporation is a leading operator of specialty hospitals in the United States.  As of June 30, 2010, Select operated 89 long term acute care hospitals and 6 acute medical rehabilitation hospitals in 25 states.  Select is also a leading operator of outpatient rehabilitation clinics in the United States, with approximately 953 locations in 36 states and the District of Columbia.  Select also provides medical rehabilitation services on a contract basis at nursing homes, hospitals, assisted living and senior care centers, schools and worksites.  Information about Select is available at http://www.selectmedicalholdings.com/

SOURCE Select Medical Holdings Corporation

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