New York Investor Makes Takeover Bid for Diversicare

A New York-based investor has expressed interest in buying nursing home operator Diversicare Healthcare Services. New York-based retirement assets manager MCS Plan and its manager Ephram “Mordy” Lahasky have offered to pay $10.10 for Diversicare’s shares, which closed Wednesday trading at $7.81, up $0.22 or 2.9%. Tennessee-based Diversicare, which has 61 facilities in nine states, […]