In an unusual announcement, Sunrise Assisted Living (NYSE:SRZ) revealed what everyone already knew: that the company was in discussions with Marriott International (NYSE: MAR) regarding a possible cash purchase of Marriott Senior Living Services (MSLS), the subsidiary...
Our “Deal of the Month” goes to Laboratory Corporation of America’s (NYSE: LH) proposed acquisition of DIANON Systems (NASDAQ: DIAN) for just under $600 million. In its bid to become the premiere oncology laboratory company, LabCorp is making its richest...
After the nursing home industry hit bottom two years ago and the assisted living sector was reaching it, investors, lenders and operators all thought that 2002 would finally be the year when a great number of senior care assets would be redeployed. Lenders would...
With the stock market’s worst quarterly performance in 70 years, we might expect M&A activity to have taken a nose dive as well. And in fact, the overall market did suffer from a decreased deal count and smaller amounts of capital committed to deals. Even so, the...
Twelve years have passed since 500 industry leaders, investors and lenders gathered in Washington, D.C. for the first NIC Conference. At the time, the nursing home segment was emerging from a difficult period in the late 1980s when Beverly Enterprises (NYSE: BEV)...
From one quarter to the next, the Medical Device sector has consistently produced the greatest number of deals of any single sector in the health care industry, seemingly invulnerable to the ups and downs of the economy. For the period from July 1, 2000 through June...