(Reuters) - NEW YORK, July 2 - Manor Care Inc. , the largest U.S. operator of homes for the elderly, said on Monday it agreed to be acquired by Carlyle Group for $4.9 billion, becoming the latest health care provider taken off the public market by a private equity buyer.
Manor Care shareholders will receive $67 per share, a 20 percent premium to the stock's closing stock price on April 10, the day before the company announced it was putting itself up for sale. The total value of the deal, including debt, is $6.3 billion, the company said.
Read more at Reuters.com Mergers News
Manor Care shareholders will receive $67 per share, a 20 percent premium to the stock's closing stock price on April 10, the day before the company announced it was putting itself up for sale. The total value of the deal, including debt, is $6.3 billion, the company said.
Read more at Reuters.com Mergers News
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