Two Large Acquisitions With its stock price hitting a new high in January, and up 13% so far this year, Brookdale Senior Living (NYSE: BKD) is on an acquisition spree that can only be described as aggressive. With the company’s successful IPO last November and 57%...
Steve Monroe, Editor of The SeniorCare Investor Interviews Bill Sheriff, CEO of American Retirement Corporation Steve Monroe: You just completed a 3.45 million-share public offering priced at $26.60 per share, but a little over three years ago your stock was trading...
Email Editor The fourth quarter of 2005 saw a total of 221 mergers and acquisitions in 13 sectors of the health care industry. This represents a 13% decrease from the 253 deals in the previous quarter, but a 2% increase over the 217 deals in the year-ago quarter,...
Email Editor By all accounts, the M&A market for 2005 was a good one, a very good one. Based on figures at hand, a total of 964 deals were announced in the 13 sectors of the health care industry we cover. This figure represents a 10% increase over the 874 deals...
We have recently seen a spate of deals with buyer and seller plodding through due diligence toward completion only to be caught off guard by an interloper intent on snagging the target for himself. A new offer is made, generally with better terms, that bumps the...
We now have confirmation that the hot seniors housing market is not simply a real estate investment market phenomenon, although real estate and its yield are always prevalent. In the first true initial public offering of a seniors housing or care company in many...