Just two days after it announced it was being bought out for $1.9 billion by North American Senior Care, Inc., Beverly Enterprises, which at one time owned nursing homes across southwest Missouri and still owns one in Anderson, said today it is entertaining another offer.
Arkansas Business says the company is considering a new officer from Formation Capital LLC, the company that attempted a hostile takeover of Beverly earlier this year. The company is offering $12.90 per share, 10 cents per share higher than what North American is offering, the Arkansas Business article said. The North American deal was not scheduled to go into effect until Aug. 23.
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