AP wire on 5/12: "Brookdale said it had received an equity commitment for up to $1.3 billion" from an affliate of Fortress. Today's news indicates that Fortress has decided NOT to finance the whole cash deal for Amer. Ret. itself. Worse, Capital Z, the other big investor in BKD is exiting via a follow-on offering. It's amazing how BKD appears to have learned squat from it's 1990's debacles as Alterra/Alternative/Evergreen. P.S. Fortress is a private equity investor, hence no public stock to issue. Anyway Amer. Ret is a cash deal.