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Genesis Defends Chapter 11 Strategy as Court Reopens Bankruptcy Auction
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Genesis Defends Chapter 11 Strategy as Court Reopens Bankruptcy Auction
KENNETT SQUARE, PA — Genesis Healthcare, Inc. moved Thursday to steady employees, patients, and creditors after a bankruptcy court ruling reopened the auction process in the company’s ongoing Chapter 11 proceedings, with leadership reaffirming that the restructuring remains central to the long-term future of the senior care operator. David Harrington, executive chairman of Genesis, said the court-supervised process is intended to preserve operat…
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