As the July 31 “deadline” for Sunrise Senior Living (NYSE: SRZ) to disclose the results of an internal accounting review came closer and closer, the company’s stock price dropped lower and lower. The results of the review were supposed to be out by the end of June,...
The Changing Face of the Senior Care Acquisition Market Exactly 30 months ago, in the February 2004 issue, we wrote about CNL Retirement Properties (CNL) and the changing role of capital in the senior care acquisition market. We basically made the case that there...
Symbols +MedHoldings Jan p. 7 A ABE Briarwood Corporation Apr p. 12 Adcare Health Systems, Inc. May p. 12 Advocat Feb p. 4, Jun p. 12 AEW Capital Management Mar p. 4 AIMCO Jan p. 6 Alden Management Jan p. 14, Mar p. 13 All Seniors Care Living Centres Mar p. 13 Alterra...
After some weeks of speculation in the press, Bristol-Myers Squibb (NYSE: BMY) finally announced it would buy The DuPont Pharmaceutical Company, a subsidiary of E. I. Du Pont De Nemours (NYSE: DD), for $7.8 billion in cash. This deal advances both companies’ plans to...
The health care industry saw a total of 263 mergers and acquisitions announced during the second quarter of 2006, up 11% from the 236 transactions announced in the prior quarter, Q1:06 and up 15% from the 228 deals announced in the year-ago quarter, Q2:05. The four...
Email Editor Last month’s gossip has become this month’s headline news. Two rumors in the pharma industry, which were noted in last month’s issue, have now materialized as full-fledged deals. Both reflect the ongoing attractiveness of consumer products and generic...