Assisted Living Concepts Announces Completion of Acquisition by TPG

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posted:7/11/2013
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Description: MENOMONEE FALLS, Wis.--(BUSINESS WIRE)--Assisted Living Concepts, Inc. (NYSE: ALC), an operator of assisted living residences, today announced the completion of its acquisition by TPG, the global private investment firm. ALC stockholders voted to approve the acquisition on May 16, 2013. Under the terms of the merger agreement, ALC stockholders are receiving $12.00 in cash for each share of Class A common stock. In accordance with the ALC charter, based on the Class A per share merger considerati
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