PACS Group, Inc. (NYSE:PACS) agreed to acquire 53 skilled nursing and assisted/independent living facilities across 8 western states from Prestige Care, Inc. on May 22, 2024. The acquisition is subject to customary closing conditions, including without limitation the receipt of applicable regulatory approvals and third-party consents, and there can be no assurance that the transactions will close in the anticipated timeframe, or at all. The Company anticipates that the transactions will close in the third quarter of 2024.