Monday, April 6, 2015

Ventas buys private hospital chain for $1.75B

Ventas Inc. will pay $ 1.75 billion for Ardent Medical Services Inc. and will spin off most of its skilled nursing facilities into a publicly traded real estate investment trust. Chicago-based Ventas, a real estate investment trust focusing on health care facilities, is expanding its...
Ventas buys private hospital chain for $1.75B

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