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Brookdale Senior Living share [Symbol: BKD / ISIN: US1124631045]

01/11/2017 01:53:09 PM
01/11/2017 01:53:09 PM UTC-0500

WSJ: Brookdale Nursing Homes A Target For Blackstone

(RTTNews) - Brookdale Senior Living Inc. is reportedly in talks with private-equity giant Blackstone Group LP regarding a potential sale of the company.

According to a WSJ report citing unnamed sources, the nation's largest operator of senior-living centers are having talks with Blackstone as well as other suitors. The discussions are at an early stage and may not lead to a deal.

The report indicates that the deal could be either a sale involving Brookdale's property or a full acquisition of the company.

Brookdale has more than 1,000 communities across the U.S., with more than 100,000 residents. It also offers services such as outpatient therapy, hospice care and assisted living.

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