The former CEO of Assisted Living Concepts Inc. can’t bring a constitutional challenge to the U.S. Securities and Exchange Commission’s in-house court when a proceeding against her is ongoing, the Supreme Court ruled Monday. The high court upheld a Seventh Circuit ruling denying Laurie Bebo’s petition that seeks review of whether she can raise such […]
Assisted Living Concepts Inc.
Real estate investment trust LTC Properties (NYSE: LTC) is shopping for a new tenant for 37 of its assisted living properties nationwide. The company has decided not to renew its leases that are due to expire at the end of this calendar year with Assisted Living Concepts and Extendicare Health Services. LTC said it has […]
Private equity firm TPG has announced the completion of its acquisition of Assisted Living Concepts in a deal reportedly valued at $280 Million. Shareholders initially voted on the acquisition in May, and have agreed to receive $12 in cash for each share of Class A common stock and $12.90 cash per share of Class B common […]