TOLEDO, Ohio, Dec. 20 /PRNewswire-FirstCall/ -- Upon an ex parte motion by
the Service Employees International Union Healthcare Michigan (SEIU), a
temporary restraining order (TRO) was issued late on Thursday, December 20, by
the Thirtieth Judicial Circuit Court in Ingham County, Michigan, enjoining the
Michigan Department of Community Health, Manor Care, Inc. (NYSE: HCR) and The
Carlyle Group from taking certain actions related to completing the pending
transaction between Manor Care and a Carlyle affiliate. Manor Care and
Carlyle are vigorously pursuing all legal avenues to have the TRO lifted
quickly, and, at Manor Care's request, a hearing is scheduled for 10:00 a.m.
on December 21 in Michigan state court to consider Manor Care's motion to lift
the TRO.
Manor Care believes the claims filed in support of the TRO are completely
without merit. Based on satisfying regulatory requirements in 32 states,
including the state of Michigan, the closing process was well under way by the
time of entry of the TRO. The company believes that this action by the SEIU
represents a desperate attempt to subvert the legitimate regulatory process
for political gain. The actions taken to complete the transaction prior to
issuance of the TRO are irreversible, and failure to complete the closing
process will cause the company irreparable harm.
Manor Care, Inc., through its operating group HCR Manor Care, is a leading
provider of short-term post-acute services and long-term care. The company's
nearly 60,000 employees provide high-quality care for patients and residents
through a network of more than 500 skilled nursing and rehabilitation centers,
assisted living facilities, outpatient rehabilitation clinics, and hospice and
home care agencies. The company operates primarily under the respected
Heartland, ManorCare Health Services and Arden Courts names.
SOURCE Manor Care, Inc.
Steven M. Cavanaugh, Chief Financial Officer, Manor Care, Inc.,
+1-419-252-5601, scavanaugh@hcr-manorcare.com
