by Steve Monroe | Aug 27, 2021 4:47 pm | Acquisitions
When the news first broke several days ago that an investor had offered to buy Diversicare Healthcare Services for $10.10 per share when it was trading below $3.00, well, we said it was an offer that would be hard to turn down. The board did not, and it appears to be... Read More »
by Steve Monroe | Aug 27, 2021 4:42 pm | Opinion
At this point, all we can say is that there have been a lot of pissed off shareholders of Capital Senior Living, and not just this year. It goes back several years when the stock price was just over $27 ($416 in today’s post-split equivalent price) and the market was... Read More »
by Steve Monroe | Aug 25, 2021 10:26 am | Acquisitions
One group of investors essentially took control of Genesis HealthCare, another group is trying to do the same thing with Capital Senior Living, and a third group wants to buy Diversicare Healthcare Services, and just may get its way. All three are... Read More »
by Steve Monroe | Aug 23, 2021 9:24 am | Opinion
More than 25 years ago, when private-pay assisted living burst on the scene, there was a large percentage of nursing home residents that had no other choice in their local communities, but had the financial resources to pay out-of-pocket. Many of them turned to... Read More »
by Steve Monroe | Aug 16, 2021 9:38 am | Opinion
Early today, Capital Senior Living announced revisions to its second quarter earnings report, most likely as a result of our reporting last Friday of the very misleading error, as well as management’s denial of any reporting issue during the earnings call.... Read More »