Formation Capital Corporation

A deal to sell the bankrupt Haven Healthcare nursing-home chain has abruptly collapsed, leaving state officials scrambling to put together a backup plan to turn over the chain to two or three investment firms that would hire new operators to run the...

Five of Haven Healthcare's nursing homes would be put under state receivership until new buyers are found while the rest of the chain would be split among three real estate investment firms, under a plan expected to be presented today in bankruptcy court....

Haven Healthcare's troubled legacy in Connecticut will probably come to an end this summer, when a bankruptcy court judge is expected to sign off on a deal to sell the nursing-home chain to Formation Capital, which owns Genesis HealthCare. Under an...

Genesis HealthCare, which operates nine nursing homes in Connecticut, has been in discussions with state officials about buying the bankrupt Haven Healthcare chain, sources close to the negotiations confirmed Monday. Genesis, which was bought out last...

The potential sale of Haven Healthcare's 25 New England nursing homes is drawing interest from some out-of-state private equity firms, with local providers not expected to make a bid for the troubled chain, state and industry officials said. "The one...

A Michigan company that operates 21 nursing homes and assisted-living facilities in California and the Midwest is the leading contender to buy the bankrupt Haven Healthcare nursing-home chain — a bid that would preserve all 15 Haven homes in...