Genesis Healthcare, Inc. (GEN) Social Stream
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$GEN ReGen Healthcare LLC, a new private-equity-backed firm, has agreed to invest $50 million in Genesis, with the possibility of investing $25 million more by April 15. If both deals are completed, ReGen would control 43 percent of Genesis’ shares.THEONE100, published April 4, 2021
Other Notable StockTweets About GEN
$GEN Why didn't they just do an resplit and an offering? Why don't they just sell or file for bankruptcy? Why is ReGen paying so much for less than half the company?
Because they believe that the stock price is completely disconnected from company's actual value.
Makes sense since they've been the center of a witch hunt by politicians like Elizabeth Warren short selling their own incompetence.
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