February 22, 2018 / 11:16 AM / 10 months ago

Brookdale Senior Living says rejects buyout offer

(Reuters) - Brookdale Senior Living Inc (BKD.N) said on Thursday that it had rejected a buyout offer for $9 per share as the “indication of interest” was unacceptable.

The company, which operates homes for senior citizens, did not disclose who made the offer.

Brookdale Senior shares closed at $8.90 on Wednesday.

Reporting by Manas Mishra in Bengaluru; Editing by Savio D'Souza

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