Newsletter Articles | March 31, 1989
Minnesota Behavioral Health Hospital Purchased by Management Group
OPEN MINDS The Behavioral Health & Social Service Industry Analyst
Industry Article
Golden Valley Health Center, located in Golden Valley, Minnesota, was purchased by a management group on December 23, 1989. Health One Corporation of Minneapolis and Comprehensive Care Corporation of Irvine California were the previous owners of the facility. The management group, which was led by, Steven R. Kamber, the facilitys Chief Executive Officer, purchased the facility for $21 million. Loeb Partners Corporation, a Wall Street investment firm, and Sanwa Bank Credit Corporation,, a subsidiary of Sanwa Bank, Ltd . . .