February 20, 2014 / 10:05 PM / 4 years ago

Brookdale Senior Living to buy Emeritus Corp

Feb 20 (Reuters) - Senior citizens residence management company Brookdale Senior Living Inc said it would acquire Emeritus Corp for about $1.4 billion in an all-stock deal.

Brookdale Senior Living will also assume $1.4 billion of Emeritus Corp’s debt.

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