Home care provider Amedisys Inc. (Nasdaq: AMED) is buying private equity-backed Infinity HomeCare for $63 million, in a merger that could kick off a string of further purchases.

The acquisition "expands the Amedisys footprint in our key Florida market, aligns with the growth strategy of both our organizations and sends a strong signal to our stakeholders that we plan to resume growth by acquiring high quality assets in key markets," says Amedisys CEO Paul Kusserow.

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