ARV Increases Offer
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COSTA MESA — A unit of ARV Assisted Living Inc. increased its tender offer for units of Senior Income Fund L.P. to $6.50 each from $5.
ARV’s Lavra unit also boosted the number of Senior Income units that it is offering to buy to nearly 2.5 million from 2.02 million.
Senior Income Fund is a Delaware partnership formed in 1988 to acquire, operate and sell residential properties in Southern California.
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