(Reuters) - The deal, valued at about $1.52 billion, excluding about
$475 million in debt, gives Genesis shareholders $69.35 in cash
for each share they own.
Private equity money has been flowing into health care
service companies for the past year. Last week, Manor Care Inc
, the biggest nursing home chain, agreed to be bought
for about $4.9 billion.
Read more at Reuters.com Mergers News
$475 million in debt, gives Genesis shareholders $69.35 in cash
for each share they own.
Private equity money has been flowing into health care
service companies for the past year. Last week, Manor Care Inc
, the biggest nursing home chain, agreed to be bought
for about $4.9 billion.
Read more at Reuters.com Mergers News
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