Advocat sells 2 nursing homes to cut debt (Tennessean)

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Reply Thu 3 Feb, 2005 04:30 am
Advocat sells 2 nursing homes to cut debt (Tennessean)
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Advocat Inc., which operates nursing homes, said it has sold two Texas facilities and will use proceeds to reduce its debt. The sales complete the Franklin-based company's plans to get rid of locations in Texas that were operating at a loss and had low occupancy, Advocat officials said.

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