Extendicare REIT Announces Sale of its U.S. Group Purchasing Division for US$56 Million

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Dec 19 2011	Extendicare REIT Announces Sale of its U.S. Group Purchasing Division for US$56 Million
MARKHAM, ONTARIO--(Marketwire - Dec. 19, 2011) - Extendicare Real Estate Investment Trust ("Extendicare REIT" or the "REIT") (TSX:EXE.UN) today announced its wholly owned U.S. subsidiary, Extendicare Health Services, Inc. (EHSI), has reached an agreement in principal to sell its group purchasing organization, or GPO, to Navigator Group Purchasing (Navigator), a subsidiary of Managed Health Care Associates, Inc. (MHA).


Source:http://www.marketwire.com/mw/release.do?id=1600357&sourceType=3

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