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Under the terms of the merger agreement, upon the completion of themerger, Manor Care, Inc. stockholders generally will be entitled to receive$67.00 in cash for each share of Manor Care, Inc. common stock held. Themerger, which remains subject to receipt of certain regulatory approvals andother customary closing conditions, is expected to close in the fourth quarterof 2007.
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Manor Care, Inc., through its operating group HCR Manor Care, is a leadingprovider of short-term post-acute services and long-term care. The company'snearly 60,000 employees provide quality care for patients and residentsthrough a network of more than 500 skilled nursing and rehabilitation centers,assisted living facilities, outpatient rehabilitation clinics, and hospice andhome care agencies. The company operates primarily under the respectedHeartland, ManorCare Health Services and Arden Courts names. Shares aretraded on the New York Stock Exchange under the ticker symbol HCR.
SOURCE Manor Care, Inc.
