Strange Tony,
Our hospice waits for government approval of Gentiva's planned buyout of Heartland Hospice. Once approval is given the deal will close and integration will begin. Our majority owners for the last fourteen months are financial rapscallions, Clayton, Dubilier and Rice (CDR).
CDR expected the Heartland acquisition to close in the second quarter. It's now the fourth quarter and the deal has a mid December complete by date. Should it go through here are the CDR staffers who will shape the combined companies:
I don't expect anything good to come out of New York, especially from a financial rapscallion. I think these people have a game plan and it involves harvesting cash from our hospice team's hard work.
These people hate to share. Not very hospice like, is it? Taker's owning a company full of givers, it's the financial rapscallion way.
Anonymous
Two pension funds sued Clayton, Dubilier & Rice LLC in Delaware over its $4 billion take-private buyout of Covetrus Inc., saying the investment firm colluded with its contacts at the animal health company to drive down the sale price.
ReplyDeletehttps://news.bloomberglaw.com/esg/cd-rs-4-billion-covetrus-deal-hit-with-pension-fund-challenge