A federal bankruptcy judge on Tuesday evening approved the sale of Genesis HealthCare and its nearly 300 subsidiaries to a newly formed investment group whose bid emerged as a surprise last week.
A bidder who came late to the table and was selected Tuesday to buy Genesis HealthCare’s assets out of bankruptcy has a history with the former skilled nursing giant.
A bankruptcy judge overruled two disappointed bidders’ objections to the sale.
The sale of Genesis HealthCare’s 175 nursing homes to NewGen Health for $1 billion was finalized in court late Tuesday. NewGen is a California-based ...
The selected offer, if approved, would allow hundreds of claimants to recover as much as 30% of what they say they are owed, ...
The tumultuous process of selling bankrupt Genesis Healthcare Inc.'s nursing-home empire offers a rare peek into the small, obscure world of nursing home ownership and lending.
Bankrupt Genesis Health received court approval on Tuesday to sell its nursing homes to an outside buyer for $1 billion, just ...
Genesis HealthCare selected 101 West State Street LLC after it outbid the stalking horse bidder, Genie 3 Partners LLC, ...
The new company, 101 West State Street, LLC, bid just under $1 billion for Genesis, which operates 175 nursing homes across ...
An affiliate of California-based health-care consulting firm New Generation Health LLC secured court approval to buy Genesis Healthcare Inc.'s sprawling nursing-home empire in a bid valued at roughly ...