It was announced that Covington offered $8.50 per share for Advocat shares. However, the board of Advocat rejected the offer and will not even talk to Covington.They are only doing this to preserve their jobs and are not acting in shareholders' best interests.I learned there is a lawsuit pending that will force the board to negotiate with Covington who said it would even pay higher. Here is law firm contact details: 877-772-3975 or email@example.com
I smell another Yahoo coming
sue the board!