PacificSource Health Plans To Acquire Clear One Health Plans, Inc.

Wednesday, December 30, 2009

Clear One Health Plans, Inc. (OTCBB: CCHN) and PacificSource Health Plans announced today they have signed a definitive merger agreement under which PacificSource will acquire Clear One. Under the terms of the merger agreement, Clear One’s shareholders will receive $26.00 per share in cash, upon a successful close of the transaction.

Housing downturn hits senior sector

OldHands.jpg

The ravaged condo and residential markets in Oregon have received most of the attention in the housing collapse, but the downturn, which has sapped many retirement funds, finally is reaching another housing sector: senior-living communities.