SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Johnny Canuck who wrote (42739)10/24/2005 3:17:13 AM
From: Johnny Canuck  Read Replies (2) | Respond to of 69320
 
8:55PM Beverly Ent: Progress made in N. American Senior Care deal (BEV) by Gabriel Madway
SAN FRANCISCO (MarketWatch) -- Beverly Enterprises Inc. (BEV) said Friday evening that North American Senior Care Inc. has provided Beverly with letters of commitment totaling $1.875 billion for the debt portion of their merger. The nursing-home operator said North American Senior is obligated to fulfill the balance of its financing commitments by Nov. 18, including an unconditional equity commitment of $350 million, and a letter of credit for $50 million.