St. Petersburg’s Westminster senior living facilities may be part of a possible merger with Pennslyvania nonprofit

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ST. PETERSBURG ‘ Westminster Communities of Florida, which has three senior living facilities in St. Petersburg, is considering a possible merger with Pennsylvania-based Presbyterian Senior Living.

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The two nonprofit organizations have a memorandum of understanding to explore a possible affiliation by Jan. 1.

“The planned retirement of both organizations’ CEOs offers a window of opportunity that will enable PSL and Westminster to think creatively about what the relationship could look like,” they said in a joint release.

Wes Meltzer, Westminster’s director of communications, said Friday that one of the principles of the memorandum is that it would be a “merger of equals”

“It’s too early to say at this point what sort of details that would entail,” he said, including the name of a merged organization.

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Publisher: Tampa Bay Times
Date: 2019-06-14T13:38:16Z-04
Author: Susan Taylor Martin
Twitter: @TB_Times
Reference: Visit Source

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