Assisted Living Concepts Inc., which has faced shutdowns of its senior-living facilities due to deteriorating conditions, says the company’s sale to private-equity firm TPG will be positive for both Assisted Living employees and seniors in its residences.Menomonee Falls-based Assisted Living (Nasdaq: ALC) announced Tuesday it reached an agreement to sell the company to the Texas-based private-equity firm.The news followed a year of upheaval at Assisted Living Concepts, which had said it was…
Read More... [Source: Residential Real Estate News - Residential Real Estate News Headlines | Bizjournals.com]
No comments:
Post a Comment