Capital Senior Living Reportedly Rejected Multiple Bids from TPG

Capital Senior Living (NYSE: CSU) rejected several acquisition overtures from private equity firm TPG during recent months, Bloomberg reported Friday. Bloomberg cited unnamed sources with knowledge of the matter. TPG and Capital Senior Living declined to comment for this article. Shares of Capital Senior Living were up 19.44% as of mid-day Friday, trading at $4.30 […]

PharMerica to Merge with Home Care Giant BrightSpring, Continue Assisted Living Push

Long-term care pharmacy PharMerica intends to merge with BrightSpring Health Services, a large provider of home- and community-based care. The two companies will be under the private equity ownership of KKR, with an affiliate of Walgreens Boots Alliance (Nasdaq: WBA) holding a minority stake, according to an announcement issued Tuesday. Full financial terms of the transaction […]

Brookdale Talks $100M Cash Flow Opportunity, Capital Senior Living Needs ‘Fortitude’

One day after their Q3 2018 earnings calls, leaders with Brookdale Senior Living (NYSE: BKD) and Capital Senior Living (NYSE: CSU) elaborated further on how the companies plan to weather current senior housing headwinds and execute on operational improvement strategies. From Brookdale’s opportunity to gain cash flow to Capital’s willingness to walk away from certain […]

Selling Real Estate Floated as Possible Solution for Capital Senior Living

Capital Senior Living’s (NYSE: CSU) only salvation may be in its owned real estate, according to analysts from Stephens and Stifel. On Tuesday, the Dallas-based senior housing provider reported “disappointing” financial results for the second quarter of 2018, as well as a drop in occupancy for consolidated and same communities to 85.5%. Currently, Capital Senior […]