Residential Home Health, a Troy, MI-based provider of in-home skilled
healthcare services and a subsidiary of Graham Holdings Company, is
pleased to announce that its Illinois agency has been designated as a
HomeCare Elite Top Agency for the second year in a row.
MARKHAM, ON--(Marketwired - January 15, 2015) - Extendicare Inc. ("Extendicare" or the "Company") (TSX: EXE) announced today that the Company has entered into a definitive agreement to acquire the Revera Home Health business from Revera Inc. (the "Vendor"), for $83 million in cash, before working capital adjustments (the "Transaction"). The completion of the Transaction is subject to customary closing conditions and regulatory approvals, including assignment of government contracts, and is expected to close following receipt of regulatory approvals.
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