US News Best Senior Living program grows to recognize 1,703 communities in third year
By
Lois A. Bowers
Apr 16, 2024
US News & World Report’s Best Senior Living ratings program continues to grow, recognizing 1,703 senior living communities with top marks in its third year.
McKnight’s Women of Distinction Hall of Honor gains 24 in 2024
By
Lois A. Bowers
Feb 15, 2024
Twenty-four women working in senior living, skilled nursing or home care are being announced today as 2024 inductees into the Hall of Honor in the annual McKnight’s Women of Distinction awards program,...
Diversified Healthcare Trust, Office Properties Income Trust call off merger
By
Lois A. Bowers
Sep 01, 2023
Diversified Healthcare Trust and Office Properties Income Trust have called off their planned merger, the companies announced late Friday.
Firms active in long-term care recognized for energy efficiency improvement efforts
By
Lois A. Bowers
Apr 10, 2023
Several companies operating in, investing in or serving senior living and care recently were honored by the federal government for their energy efficiency improvement efforts.
UPDATED: AlerisLife acquisition by ABP complete; company now private
By
Lois A. Bowers
Mar 20, 2023
The acquisition of Newton, MA-based senior living provider AlerisLife by ABP Acquisition LLC has been completed, AlerisLife announced Monday morning.
Tender offer litigation threatens $44 million AlerisLife sale
By
Lois A. Bowers
Mar 15, 2023
AlerisLife has amended Securities and Exchange Commission filings related to its planned acquisition by an entity controlled by one of its managing directors to try to avoid delays in the process and to...
AlerisLife rejected 2 suitors before accepting managing director’s acquisition offer
By
Lois A. Bowers
Feb 21, 2023
AlerisLife rejected two acquisition offers before ultimately accepting one made by an entity controlled by one of its managing directors, who also is the chair of its board, according to documents filed...
AlerisLife CEO: Becoming a private company will ‘enhance our focus’ on operations
By
Lois A. Bowers
Feb 06, 2023
AlerisLife, in becoming a private company by being acquired by one of its managing directors, will be better able to focus on its business and mission, AlerisLife President and CEO Jeffrey Leer told employees...
UPDATED: AlerisLife to be acquired for $44 million
By
Lois A. Bowers
Feb 03, 2023
AlerisLife is being acquired by ABP Acquisition 2 LLC for almost $44 million, AlerisLife said Friday in filings with the Securities and Exchange Commission.
Updated: AlerisLife faces possible stock market delisting
By
Lois A. Bowers
Nov 10, 2022
AlerisLife faces possible delisting by Nasdaq because the bid price for shares of the company’s common stock has closed at less than $1 for the past 30 consecutive business days, the company said in...