After a brief flirtation with Formation Capital, Beverly Enterprises Inc., which formerly owned several nursing homes in southwest Missouri and still has one in Anderson, has agreed to a $13 per share merger bid from North American Senior Care, Inc., according to Arkansas Business.
Two weeks ago, Beverly officials agreed to sell to NASC then Formation Capital, which had attempted a hostile takeover earlier this year, came in with a higher bid. The most recent bid by NASC was 20 cents per share higher, Arkanaas Business said, and is approximately $1.9 billion.
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