Business Services Industry
Stockholders of Atria Communities Approve Merger
Business Wire, Sept 8, 1998
LOUISVILLE, Ky.--(BUSINESS WIRE)--Sept. 8, 1998--Atria Communities, Inc. (Nasdaq/NM: ATRC) today announced that stockholders have approved the previously announced agreement under which Kapson Senior Quarters Corp., an affiliate of Lazard Freres Real Estate Investors L.L.C., will acquire approximately 88% of the common stock of Atria. Closing of the merger is expected to be completed within five business days.
Atria, based in Louisville, Kentucky, is a leading national provider of assisted and independent living services for the elderly.
CONTACT: Atria Communities Inc., Louisville
Julie Harding, 502/719-1628
COPYRIGHT 1998 Business Wire
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