Monday, July 2, 2007

UPDATE 2-Carlyle to buy Manor Care for $4.9 billion

(Reuters) - Manor Care shareholders will receive $67 per share, a 20
percent premium to the stock's closing price on April 10, the
day before the company said it was putting itself up for sale,
and a 2.6 percent premium to Friday's close.




The total value of the deal, including assumed debt, is
$6.3 billion, the company said.


Read more at Reuters.com Bonds News

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