SOUTHMARK <SM> ACQUIRES 28 NURSING HOMES Southmark Corp said it acquired 28 long-term care facilities containing for approximately 70 mln dlrs in cash. It said the facilities, which contain approximately 2,500 beds in seven western states, were bought from Don Bybee and Associates, of Salem,Ore. The acquistion brings to 57 health care facilities acquired in the last three months, the company said.