Highlights
A collection of news and information related to CapitalSource Inc. published by Tribune Company sources.
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Government rescue effort going beyond banking sector
The federal government is preparing to take tens of billions of dollars in ownership stakes in an array of companies outside the banking sector, dramatically widening the scope of the Treasury Department's rescue effort beyond the $250 billion set aside...Tags: Corporations, Barack Obama, U.S. Department of Treasury, Federal Reserve, Vehicles
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Deal Reached To Sell Haven Healthcare To Formation Capital
Courant Staff WriterHaven Healthcare's troubled legacy in Connecticut will probably come to an end this summer, when a bankruptcy court judge is expected to sign off on a deal to sell the nursing-home chain to Formation Capital, which owns Genesis HealthCare. Under an...Tags: Medical Services, Financially Distressed Companies, Homes, Richard Blumenthal, Long Term Care
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Deal To Sell Haven Healthcare Collapses
Courant Staff WriterA deal to sell the bankrupt Haven Healthcare nursing-home chain has abruptly collapsed, leaving state officials scrambling to put together a backup plan to turn over the chain to two or three investment firms that would hire new operators to run the...Tags: Medical Services, Financially Distressed Companies, Homes, Investments, Richard Blumenthal
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Aspects Of Haven Healthcare Sale Trouble Creditors
Courant Staff WriterThe Haven Healthcare nursing home chain began a new era Monday, as most of its 25 homes in New England were sold to three real estate investment firms, while four Connecticut homes were placed in the hands of a court-appointed state receiver. But...Tags: Medical Services, Investments, Homes, Financially Distressed Companies, Contracts
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A Plan To Sell Haven Homes
The Hartford CourantA federal judge is expected to sign off on a financial game plan for Haven Healthcare today that envisions the sale of potentially all of the chain's 25 nursing homes by June. The $50 million loan that is the core of the financial plan will stabilize the...Tags: Medical Services, Omnicare Incorporated, Financially Distressed Companies, Homes, Auction Service
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Lawyers Want Takeover Of Haven Nursing Homes Till Buyer Found
Courant Staff WriterFive of Haven Healthcare's nursing homes would be put under state receivership until new buyers are found while the rest of the chain would be split among three real estate investment firms, under a plan expected to be presented today in bankruptcy court....Tags: Medical Services, Health and Personal Care, Financially Distressed Companies, Homes, Investments
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Seeking bargains in the financial-services rubble
The strong survive. That's the logic behind investing in financial-services stocks whose prices have been battered in the subprime mortgage mess. The best-run firms with quality core businesses will turn out to have been bargains once the storm calms...Tags: Prudential Financial Incorporated, MetLife Incorporated, H&R Block Inc., Tampa, Mergers, Acquisitions and Takeovers
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Sara Lee works to adjust to its new, leaner look
Tribune Media Services columnistQ: Can I expect my shares of Sara Lee Corp. to show improvement in the near future? --R.F., via the Internet A: The global food, beverage and household products company, which spun off its Hanesbrands division to shareholders nearly a year ago, is...Tags: Periodicals, Personal Finance, Mutual Funds, ABB Ltd., Crown Castle International Corporation
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The week ahead
Chicago TribuneMonday: -- June consumer credit -- Earnings: El Paso Corp.; Fluor Corp.; Forest Oil Corp.; Frontier Oil Corp.; Hansen Natural Corp.; Harmony Gold Mining Co.; Priceline.com Inc.; Radio One Inc.; Sonus Networks Inc.; United Rentals Inc.; WGL Holdings Inc....Tags: Credit and Debt, JC Penney Company Inc., Forest Oil Corporation, Foster Wheeler Limited, Viacom Inc.
Nov 8, 2008
|Story| Newsday
Jun 13, 2008
|Story| Hartford Courant
Jun 27, 2008
|Story| Hartford Courant
Jul 8, 2008
|Story| Hartford Courant
Jan 28, 2008
|Story| Hartford Courant
Jul 1, 2008
|Story| Hartford Courant
Sep 16, 2007
|Story| Tribune Media Services
Aug 12, 2007
|Story| Tribune Media Services
Aug 6, 2006
|Story| Chicago Tribune
