Being profitable doesn’t make a division all that valuable, it appears. In the wake of its $3.72 billion acquisition of Gen-Probe (NASDAQ: GPRO) last year, Hologic, Inc. (NASDAQ: HOLX) began cleaning house in order to pay its debts. One result: Immucor, Inc. agreed to...
M&A Activity Goes Off the Fiscal Cliff in January The equity markets are staging their own version of a mid-winter comeback, with the Dow dancing around the 14,000 mark for the first time in five years. That would certainly seem to presage a similar rise in...
The Sector Gears Up for Growth in 2013 Dealmaking in the behavioral health care sector has picked up in recent years, thanks to a number of factors and despite a few others. Last year, we recorded 17 transactions, up slightly from 15 deals announced in 2011. Four...
FOR IMMEDIATE RELEASE Stephen M. Monroe, Editor 800-248-1668 203-846-6800 Fax: 203-846-8300 pressreleases@levinassociates.com NORWALK, CT – February 14, 2013 – Irving Levin Associates, Inc. will be hosting an important webcast to address the senior care merger...
House Speaker John Boehner has appointed Stephen Guillard to the newly created Commission to address challenges facing the long-term care sector, including issues with Medicare and Medicaid as the population ages. Guillard recently retired from HCR Manor Care and has...
Skilled Healthcare Group was the first of the skilled nursing companies to report earnings, and it did not set a good tone. Year-over-year, occupancy was down but worse, the quality mix revenues was down 140 basis points from a year ago. It is still high, at 69.4%,...