A competing bidder has topped a joint venture company’s offer for Genesis HealthCare Corp.
Sunrise suspends CFO with pay
By
Haymarket Media
Apr 26, 2007
Sunrise Senior Living Inc., which has been beset by allegations of insider trading, Wednesday said it suspended its chief financial officer with pay.
Sunrise REIT sold for $1.97 billion
By
Haymarket Media
Apr 20, 2007
The board of Sunrise Real Estate Investment Trust Thursday approved the sale of the company to Ventas Inc. The $1.97 billion purchase follows weeks of court filings and negotiations.
Advisors tell stockholders to accept new Ventas offer
By
Haymarket Media
Apr 18, 2007
A leading independent voting advisory service has “strongly” recommended that Sunrise Senior Living Real Estate Investment Trust shareholders accept an amended purchase offer from Ventas Inc.,...
Genesis defends itself against flawed-bidding allegations
By
Haymarket Media
Apr 16, 2007
Shareholders of Genesis HealthCare Corp. are scheduled to vote this week on whether to approve the $1.7 billion sale of the company amid allegations that an unfair bidding process greased the transaction.
Manor Care prepping for a sale?
By
Haymarket Media
Apr 12, 2007
The nation’s largest nursing home chain plans to retain investment bank JPMorgan. Manor Care Inc. said the move will help it make better strategic moves in the months ahead. Analysts noted that Manor...
Ventas sweetens Sunrise REIT offer by 10%
By
Haymarket Media
Apr 12, 2007
Ventas Inc. and Sunrise Real Estate Investment Trust have agreed to amend the purchase price of Sunrise REIT to $2.28 billion Canadian or $1.97 billion in U.S. dollars. That means Ventas will pay 10% more...
Opinion : Kudos: Expo was ‘creative and time-effective’
By
Haymarket Media
Apr 11, 2007
When I first heard about McKnight’s “Online EXPO,” I was really intrigued. The idea of being able to investigate and navigate through so many vendors without leaving my desk was refreshing....
Rehabilitation Feature: The short view
By
Liza Berger
Apr 11, 2007
Despite pressure from hospitals and potential Medicare cuts, more providers are attracted to short-term therapy services.
Loan volume hits record high in fourth quarter, NIC says
By
Haymarket Media
Apr 06, 2007
Loan activity in the long-term care industry stayed robust in the fourth quarter of 2006, according to an organization that monitors this growth.