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Share this article Share this article DEARBORN, Mich., May 24, 2021 /PRNewswire/ Henry Ford Village ( HFV, the community ) today announced that the United States Bankruptcy Court in the Eastern District of Michigan has approved the sale of substantially all of HFV s assets to HFV OPCO, LLC, an affiliate of Sage Healthcare Partners ( Sage ), for $76.3 million, subject to entry of final agreed orders. The transaction remains subject to regulatory approvals and customary closing conditions, and HFV anticipates the sale will be completed in approximately 90 to 120 days. The path forward for the community centers around its inclusion in Sage s network of senior living communities, and includes plans to increase programmatic activities for residents and employees while investing to improve HFV s campus more broadly. Sage has also pledged to uphold HFV s current commitments to maintain the health, safety and lifestyle of its residents. ....
Henry Ford Village Announces Results of Chapter 11 Auction, Successful Bid from Sage Healthcare Partners Affiliate Sage Offers $76.3 Million to Acquire Dearborn-Based Senior Living Community Proposed Transaction Outlines Programs to Enhance Resident Experience and Employee Appreciation HFV Operating Without Interruption, Maintaining the Health, Safety and Lifestyle of Residents News provided by Share this article Share this article DEARBORN, Mich., May 6, 2021 /PRNewswire/ Henry Ford Village ( HFV, the community ) today announced that the auction held as a part of its court-supervised sale process has concluded with HFV OPCO, LLC, a newly-formed affiliate of Sage Healthcare Partners ( Sage ) deemed as the highest or best offer. The transaction is subject to Bankruptcy Court approval, as well as regulatory approvals and customary closing conditions. ....
Chris Cavanaugh to Become Chief Executive Officer of the IMAGINE Group Transformational leader with more than 35 years of experience in operations, client engagement, and innovative technology solutions News provided by Share this article Share this article MINNEAPOLIS, April 6, 2021 /PRNewswire/ The IMAGINE Group ( IMAGINE or the Company ), a leading provider of visual communications, today announced that Chris Cavanaugh will assume the role of Chief Executive Officer and join the Company s Board of Directors, effective April 14, 2021. This completes a comprehensive succession plan, led by the Board with the assistance of Craig Reese, current IMAGINE CEO. Mr. Reese will remain an advisor to Mr. Cavanaugh and the Board through the end of the year. ....
Edelman; FTI Consulting; Sard Verbinnen; Bevel; Yuqing Liu/Business Insider This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Financial communications is flourishing as corporations, private equity, hedge funds, and other investment managers scramble for help managing high-stakes situations, activist shareholders, investor relations, and more. Business Insider identified 15 of the most-sought financial PR pros working today through reporting, nominations, and publicly available information. They were chosen based on factors like assignments they ve handled, the caliber of their clients, and revenue growth. Financial communications has thrived in the pandemic as companies scramble for help fending off shareholder activists, dealing with mergers and acquisitions, and creating SPACs, or special purpose acquisition companies. ....