Industry Notes:
Gentiva Sees More Bids
Published on Fri Jul 25, 2014
The bidding war for Gentiva continues. After long-term care giant Kindred Healthcare upped its offer to $16 per share, Atlanta-based Gen-tiva Healthcare Services Inc. announced a $17.25 per share offer from an unnamed “recognized ow-ner, operator and investor in the sector.” The mystery suitor is Formation Capital LLC, a closely held private equity firm that specializes in senior housing, according [...]