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The divestiture improves operational focus and revenue potential, similar to successful past sales.
What happened, with direct paths to the underlying reporting
BTSG sells Community Living for $835 million, enhancing core services. Post-sale, operational efficiencies expected and revenue growth anticipated. Transaction supports debt reduction, aiming for a low debt-to-EBITDA ratio. 2025 revenue projections show growth despite lower consensus. BTSG stock rises 13.6% after the sale announcement.
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