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Mariner Health Care Announces Developments With Respect to Proposed Merger Transaction.

Publication: PR Newswire
Publication Date: 15-OCT-04 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
Mariner Health Care, Inc. ("Mariner", or "Company") (BULLETIN BOARD: MHCA) today announced several important developments with respect to its previously announced merger with National Senior Care, Inc., ("NSC"), that move Mariner and NSC closer to the consummation of the proposed merger.

The required waiting period prior to mailing the definitive proxy materials has expired with respect to the proxy statement filed with the Securities and Exchange Commission on September 27, 2004, without comment or review, enabling the proxy to be mailed to Mariner's stockholders. This development follows the expiration of the required waiting period under the Hart-Scott-Rodino Act on September 24, 2004, such that the Company may proceed to consummate the merger following satisfaction of the various closing conditions set forth in the merger agreement and NSC's financing commitments. As a result of these developments, Mariner expects that it will announce the date of the meeting of stockholders...

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