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Stock impact report

Pennant Acquires Senior Living Community in Idaho

The Pennant Group, Inc. (PNTG) 
Last the pennant group, inc. earnings: 3/4 04:22 pm Check Earnings Report
Company Research Source: GlobeNewswire
EAGLE, Idaho, May 01, 2024 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice, home care and senior living companies, today announced that it has acquired the operations of Veranda Senior Living at Paramount, a 73 unit assisted living and memory care community located in Meridian, Idaho. “We are very excited to expand our senior living portfolio in Idaho. The acquisition of this senior living community allows us to expand our offerings in southwestern Idaho, and further solidify us as an employer and provider of choice in these communities,” said Brent Guerisoli, Chief Executive Officer of Pennant. “We could not be happier to add this community, which will be known as Table Rock Senior Living at Paramount. We have had the privilege of operating this community’s sister property in Boise, Idaho since 2022, and welcome the opportunity to bring another first class senior living community into o Show less Read more
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