The Chinese firm Zhonghong Zhuoye Group Co Ltd is no longer in talks to buy Brookdale Senior Living (NYSE: BKD), according to Bloomberg. Zhonghong Zhuoye Group Co Ltd, a Beijing-based real estate and leisure firm, was, at one time, prepared to buy Brookdale for $20 per share, but the deal stalled, and has now finally faltered. Negotiations […]
For Brookdale Senior Living (NYSE: BKD), home health may soon be a game-changer. The Brentwood, Tennessee-based senior living provider held its second-quarter 2017 earnings call on Tuesday, the day after a report surfaced that its potential acquisition by Beijing-based real estate and leisure firm Zhonghong Zhuoye Group Co Ltd had been put on hold. The […]
The buyout of one of the nation’s largest home health care providers by a Beijing-based real estate and leisure firm has reportedly been put on hold, according to the Financial Times. Brentwood, Tennessee-based senior living provider Brookdale Senior Living (NYSE: BKD) could be sold for as much as $4 billion, although analysts have long speculated on […]
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