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Assisted Living Concepts, Inc. Announces January 31, 2005 as the Date for Special Stockholders Meeting to Approve Merger.

Publication: Business Wire
Publication Date: 14-JAN-05 		Format: Online - approximately 862 words
Delivery: Immediate Online Access

Article Excerpt
DALLAS -- Assisted Living Concepts, Inc. (OTCBB:ASLC), a national provider of assisted living services, announced today that the Special Stockholders Meeting to approve the previously announced merger with Extendicare Health Services, Inc. and Alpha Acquisition, Inc. will be held on Jan. 31, 2005, at 9:00 a.m. Central Time, at the Hyatt Regency DFW, International Parkway, Dallas, TX 75261.

Under the terms of the merger agreement, upon consummation, Assisted Living Concepts' stockholders will receive $18.50 per share in cash, which represents a premium of more than 23% to the most recent closing price on Nov. 3, 2004, of $14.95, and a premium of more than 110% to the closing price of $8.75 on May 27, 2004, the date immediately prior to the Company's public announcement of exploration of strategic...

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