National Home Health Care Corp. Rejects Premier Proposal
February 27, 2007
National Home Health Care Corp. (NASDAQ: NHHC), a provider of home health care and staffing services in the Northeast, today reported that the Special Committee of its Board of Directors met on Monday, February 26, 2007 and recommended unanimously to the Board of Directors that since the previously announced proposal by Premier Home Health Care Services, Inc. remains conditional, it was not a Superior Proposal within the meaning of the Agreement and Plan of Merger between NHHC and affiliates of Angelo Gordon & Co. and therefore should be rejected. NHHC’s Board of Directors unanimously accepted the recommendation of the Special Committee.