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News  ›  GlobeNewswire Inc.

The Joint Corp. Signs Asset Purchase Agreement to Sell 22 Corporate Clinics in the Southeast and Delivers Notice to Terminate APA for 45 Clinics in California

GlobeNewswire Inc. Logo GlobeNewswire Inc. By The Joint Corp.
The Joint Corp. Signs Asset Purchase Agreement to Sell 22 Corporate Clinics in the Southeast and Delivers Notice to Terminate APA for 45 Clinics in California

The Joint Corp. signed an Asset Purchase Agreement to sell 22 corporate-owned clinics in the Southeast for $1.5 million to three buying groups, and delivered a notice to terminate a previous agreement for 45 clinics in California.

Insights
AMZN   positive

Major cloud infrastructure provider with significant AI development resources, trading at 32x next year's earnings


JYNT   neutral

The company is strategically selling corporate clinics and restructuring its portfolio, indicating a balanced approach to business optimization without clear positive or negative implications