FOXO TECHNOLOGIES, INC. ANNOUNCES EXECUTION OF A NON-BINDING ACQUISITION AGREEMENT FOR TWO ASSISTED-LIVING FACILITIES IN FLORIDA FOR A TOTAL CONSIDERATION OF $60 MILLION
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FOXO Technologies Inc. has announced a non-binding acquisition agreement to purchase two assisted living facilities in Florida for $60 million.
February 24, 2025 | 1:30 pm
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FOXO Technologies Inc. has entered into a non-binding agreement to acquire two assisted living facilities in Florida for $60 million, potentially expanding its business operations.
The acquisition of two assisted living facilities could expand FOXO's business operations and revenue streams, potentially leading to a positive impact on its stock price. The non-binding nature of the agreement introduces some uncertainty, but the strategic move is likely viewed positively by investors.
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