Genesis HealthCare announced Monday that an insider bid had won an auction for all its assets. CPE 88988 LLC, an affiliate of Genesis owner Pima ...
An insider group more than doubled its original cash bid to win a bankruptcy auction for all of the assets of beleaguered Genesis HealthCare, the company revealed Monday in court filings.
Genesis HealthCare, one of the nation’s largest nursing home owners — and operator of 16 skilled nursing facilities in New Hampshire — has filed for bankruptcy protection. No facilities are expected ...