Sunday, August 26, 2007

Chartwell talking to potential buyers

TORONTO (Reuters) - Chartwell Seniors Housing Real Estate Investment Trust said on Wednesday it has supplied information under confidentiality agreements to several parties that may be interested in buying the company. The trust said a special committee it has set up continues to review a number of strategic alternatives, including a potential sale of the company, following the federal government's announcement last autumn that it will start taxing publicly traded income trusts.

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