Bankrupt Genesis restarts nursing home auction after insider bid fails

Core Viewpoint - Genesis Healthcare is set to auction its 175 long-term nursing homes in January after a judge rejected an insider bid that would have maintained the current ownership structure [1] Group 1 - The upcoming auction is a response to the refusal of a judge to approve an insider bid [1] - The insider bid would have allowed the same ownership group to remain in control of the nursing homes [1]