Market Overview

Five Star Quality Care Falling over 11%

Five Star Quality Care (NYSE: FVE) today announced that it commenced a public offering of 10,000,000 common shares. FVE expects to use the proceeds of this offering for general business purposes, including repaying its outstanding bridge loan and for funding in part the cash purchase price of pending acquisitions and other possible future acquisitions.

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Posted-In: News Offerings Movers

 

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