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GE Agrees to Acquire 186 Nursing Homes
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GE Agrees to Acquire 186 Nursing Homes
General Electric Co. said it had agreed to buy 186 nursing homes for $1.4 billion from Formation Capital. The properties have 21,000 beds. GE's Healthcare Financial Services unit said the current providers would continue to manage the properties.
Tue, 27 Jun 2006 08:15:00 GMT
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