2 min read · 17 March 2009
Loving Care Agency Inc., a provider of pediatric nursing and home health aides, has acquired six homecare branches from Gentiva Health Services Inc. (Nasdaq: GTIV). No financial terms were disclosed for the deal, which includes branches in Arizona, Pennsylvania and Massachusetts. LCA sponsors MTS Health Investors and Oaktree Capital Management provided equity for the transaction, while BMO Capital Markets and Siemens Financial Services provided debt.
3 min read · 17 March 2009
1 min read · 17 March 2009
1 min read · 17 March 2009
2 min read · 17 March 2009
1 min read · 17 March 2009
1 min read · 17 March 2009
Clarion Capital Partners has acquired the assets of fine china maker Lenox Group Inc. The deal was valued at approximately $100 million, including assumption of debt. KPS Capital Partners announced last month that it was the successful bidder for Lenox, but Clarion said the bidding process was reopened during a bankruptcy court hearing on Feb. 25.
2 min read · 17 March 2009
R.G. Barry Corp. (Nasdaq: DFZ) has rejected an unsolicited buyout offer from Mill Road Capital, saying that it “does not represent adequate value for our shareholders.” Mill Road had offered up to $7.75 per share for R.G. Barry, which yesterday closed trading at $5.85 per share.
2 min read · 17 March 2009
1 min read · 17 March 2009
