Genesis Health approved to sell nursing home in $1 bln bankruptcy deal

Core Viewpoint - Genesis Health, which has filed for bankruptcy, has received court approval to sell its nursing homes for $1 billion to an outside buyer, following a previous offer rejection by a U.S. bankruptcy judge [1] Group 1 - Genesis Health's nursing homes are being sold for a total of $1 billion [1] - The court approval for the sale comes just over a month after a U.S. bankruptcy judge rejected an earlier offer [1]