Regency Sets Record Date for Merger Vote
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NEWPORT BEACH — Regency Health Services Inc.said Thursday that its board of directors has set March 3 as the record date for stockholders to vote on a merger with Care Enterprises.
Regency plans to hold a special meeting of stockholders at 9 a.m. April 4 at the Sheraton Hotel Newport Beach.
“We anticipate mailing the proxy material March 7 and (shareholders) either can mail in their vote or they can show up at the meeting and cast their vote then,” according to a Regency spokeswoman.
Regency announced Dec. 21 that it has signed a merger agreement with Care Enterprises, a Tustin-based operator of 51 nursing homes and rehabilitation centers, of which 38 are in California. The others are in Ohio, New Mexico and West Virginia.
Regency, based in Newport Beach, operates 43 nursing homes in California.
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