TOLEDO, OH-A special meeting of the stockholders of Manor CareInc. has been scheduled for Oct. 17, at the company's headquartersat 333 N. Summit St., for a vote on whether to allow the$6.3-billion purchase of the company by the Washington, DC-basedCarlyle Group. The investment group has proposed to buy the companyfor $67 per share. The company's stock price was $65.57 at the endof the trading day Thursday.

Manor Care, a subsidiary of the public HCR Manor Care, has anetwork of more than 500 skilled nursing and rehabilitationcenters, assisted living facilities, outpatient rehabilitationclinics, and hospice and home care agencies across the country. Thecompany operates primarily with the names Heartland, ManorCareHealth Services and Arden Courts.

The transaction is expected to close in the fourth quarter 2007,and is being financed through a combination of commercialmortgage-backed securities, other debt financing and equityprovided by Carlyle.