Union Sell Out Comes Back to Bite
Posted by Kim on November 13th, 2007 / Print This Post
An article that tries to have a look at both sides of the Manor Care/Carlyle buyout debacle.
It’s hard to know who to trust in the latest tussle over a private equity company going billions into debt to buy a nursing home chain. With nursing homes, it’s probably best to trust no one. If you’ve been in one lately, as a visitor, worker or patient, you know what I mean.Like most people, I find it hard to trust the corporate giants that seem determined to treat nursing homes as commodities. In this dispute, Goliath is the Carlyle Group, which owns Dunkin’ Donuts and Hertz and promises to deliver a quality nursing home product.
Interesting perspective; make sure you read it all.