MEDIROM Acquires Rehabilitation Facilities; Shares Jump After Hours

MT Newswires Live10-08

MEDIROM Healthcare Technologies (MRM) said Monday its MEDIROM Rehab Solutions unit has acquired all of the cerebral infarction rehabilitation centers owned and operated by Y's in Japan.

The acquisition marks its expansion into the rehabilitation industry, MEDIROM said.

Terms of the acquisition weren't disclosed.

Shares of MEDIROM were up more than 7% in after-hours activity.

Price: 2.8400, Change: +0.19, Percent Change: +7.17

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