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Skilled Healthcare Explores 'Strategic Alternatives,' Including Sale of Company

April 13, 2011
by root
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Nursing home operator Skilled Healthcare Group, Inc., announced earlier this week that it has hired J.P. Morgan Securities to assist the company in “exploring strategic alternatives to maximize stockholder value, including a potential sale of the company's real estate assets or the whole company,” according to a release.

The company is maintaining a “positive outlook” on its performance, but favorable market conditions have moved its board of directors to consider a strategic transaction.

“No timetable has been set for completion of the board of directors' review, and the company does not intend to announce further developments in the process until the board of directors either completes its review or the company enters into a transaction,” the release read.

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