Loading…
Monday, October 20, 2014
Current Weather
Loading Current Weather....
HomeNewsLocal
Published: Saturday, 8/13/2005

Manor Care repurchases 5.5% of common stock

Manor Care Inc. repurchased about 5.5 percent of its outstanding common stock for about $175 million under an agreement with JPMorgan Bank, the Toledo nursing home company announced yesterday.

More stock will be purchased over time, prior to Nov. 30, the company said. Manor Care may have to pay a price adjustment

for shares JPMorgan purchases, the company said.



Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. If a comment violates these standards or our privacy statement or visitor's agreement, click the "X" in the upper right corner of the comment box to report abuse. To post comments, you must be a Facebook member. To find out more, please visit the FAQ.






Poll