Eagle Senior Living Successfully Completes Financial Restructuring apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.
(Bloomberg) Eagle Senior Living filed for Chapter 11 bankruptcy on Friday, citing “exponential” increases in labor costs.
The pre-arranged filing will allow the chain to operate without interruption and make needed capital improvements, Eagle said in a Friday press release.