<PAGE> 1
SCHEDULE 14A
(RULE 14a-101)
INFORMATION REQUIRED IN PROXY STATEMENT
SCHEDULE 14A INFORMATION
PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE
SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. )
Filed by the Registrant [X]
Filed by a Party other than the Registrant [ ]
Check the appropriate box:
[ ] Preliminary Proxy Statement
[ ] Confidential, for Use of the Commission Only
(as permitted by Rule 14a-6(e)(2))
[ ] Definitive Proxy Statement
[X] Definitive Additional Materials
[ ] Soliciting Material Pursuant to Section 240.14a-11(c) or Section 240.14a-12
ARV Assisted Living, Inc.
- --------------------------------------------------------------------------------
(Name of Registrant as Specified In Its Charter)
- --------------------------------------------------------------------------------
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
Payment of Filing Fee (Check the appropriate box):
[X] No fee required.
[ ] Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.
(1) Title of each class of securities to which transaction applies:
------------------------------------------------------------------------
(2) Aggregate number of securities to which transaction applies:
------------------------------------------------------------------------
(3) Per unit price or other underlying value of transaction computed
pursuant to Exchange Act Rule 0-11 (Set forth the amount on which the
filing fee is calculated and state how it was determined):
------------------------------------------------------------------------
(4) Proposed maximum aggregate value of transaction:
------------------------------------------------------------------------
(5) Total fee paid:
------------------------------------------------------------------------
<PAGE> 2
[LETTERHEAD OF ARV ASSISTED LIVING]
Thursday January 15, 8:03 am Eastern Time
Company Press Release
ARV Assisted Living Former CEO Davidson Does Not Intend to Vote for
Emeritus Slate
COSTA MESA, Calif.--(BW HealthWire)--Jan. 15, 1998--ARV Assisted Living, Inc.
(Amex:SRS - news) announced yesterday that its former Chairman, Gary L.
Davidson, who beneficially owns 959,826 shares (or approximately 6.1% of the
outstanding shares) filed an amended Schedule 13D stating he does not support
the slate of nominees proposed by Emeritus.
Mr. Davidson's amended Schedule 13D stated, "(T)he Emeritus proposal, which is
subject to numerous conditions including financing, is not attractive to (me)
because of such conditions and contingencies which (I) believe are unlikely to
be met. (I) do not intend to vote for the Emeritus nominees at ARV's annual
meeting or to vote in favor of the merger proposed by Emeritus, based upon the
present terms of the Emeritus proposal."
Howard Phanstiel, ARV's Chairman and Chief Executive Officer, stated, "We are
pleased to receive Mr. Davidson's support for the ARV Board. We are not
surprised by his decision inasmuch as Mr. Davidson had previously voted against
the prior proposal floated by Emeritus when he was the Chairman of ARV."
ARV Assisted Living, Inc. was founded in 1980. The Company is one of the
nation's leading providers of assisted living. ARV operates 49 communities
containing about 6,300 units in 10 states. It has five communities containing
633 units under construction in Florida, Massachusetts and Nevada.
- --------------------------------------------------------------------------------
- --
Contact:
ARV Assisted Living, Costa Mesa
Mitch Gellman
Director of Investor Relations
714/435-4322
E-Mail: [email protected]
