Wednesday, April 11, 2007

Manor Care hires JP Morgan for advice; stock jumps

(Reuters) - CHICAGO, April 11 - Manor Care Inc. , the biggest U.S. operator of homes for the elderly, on Wednesday said it had hired investment bank JPMorgan for advice, the latest health care company to mull a strategic move.

Manor Care shares rose 8 percent in opening trade on the New York Stock Exchange.


Read more at Reuters.com Bonds News

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