PLEASANTON, Calif. — Cornerstone Affiliates, the parent company of major West Coast nonprofit operators ABHOW and be.group, will merge all its brands under one new name, HumanGood.
Company News
NEW YORK AND TOKYO — SoftBank Group Corp., a Tokyo-based tech conglomerate, has entered into a definitive merger agreement under which the company will acquire equity firm Fortress Investment Group LLC (NYSE: FIG) for approximately $3.3 billion in cash. Fortress is an investor in both independent living giant Holiday Retirement and publicly traded seniors housing REIT New Senior Investment Group.
TOLEDO, Ohio — Welltower Inc. (NYSE: HCN) has announced major shake-ups in its C-Suite, extending CEO Thomas DeRosa’s contract for three years while eliminating the chief investment officer and chief operating officer positions currently held by Scott Brinker and Jeffrey Miller, respectively.