Beverly Stockholders To Meet Feb. 14 on Merger Proposal

by Talk Business & Politics ([email protected]) 63 views 

Beverly Enterprises Inc. of Fort Smith said it will hold a special stockholders meeting on Feb. 14 to allow a vote on its planned merger with Fillmore Capital Partners.

The meeting will take place at Beverly’s headquarters at 1000 Beverly Way in Fort Smith.

Beverly’s board fixed the close of business on Jan. 13 as the record date for determining stockholders entitled to vote at the meeting.

Beverly operates 345 skilled-nursing facilities, 18 assisted-living centers and 66 hospice/home care centers throughout the country. It also offers rehabilitative services on a contract basis to nursing facilities operated by other care providers through Aegis Therapies Inc.

Beverly said in December that it would move forward with its new buyer, Fillmore Strategic Investors, which is paying $1.59 billion for the nursing home chain.