Thursday, April 19, 2007

UPDATE 1-Genesis HealthCare says Pvt equity firms up offer price

(Reuters) - The previous offer made by the joint venture of Formation Capital LLC and JER Partners was $63 a share, or $1.25 billion.

The two private equity firms said the latest offer was its "best and final" price and that if Genesis shareholders did not vote in favor of the deal, then they would focus on other attractive acquisition opportunities.


Read more at Reuters.com Mergers News

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