Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: Bocor who wrote (7963)	2/28/2011 9:34:59 AM
From: Triffin	Read Replies (2) \| Respond to of 34328

Merger in health care REIT space .. ===== 6:32AM Nationwide Health: Ventas (VTR) to Acquire Nationwide Health Properties in $7.4 bln transaction; transaction equivalent to $44.99 of VTR stock for each NHP share; expected to be immediately accretive to FFO (NHP) 38.96 : VTR and NHP announced that the Boards of both cos have unanimously approved a definitive agreement under which VTR will acquire all of the outstanding shares of NHP in a stock-for-stock transaction valued at $7.4 bln. NHP shareholders will receive a fixed exchange ratio of 0.7866 Ventas shares for each share of NHP common stock they own. Based on the closing stock price for VTR on Friday, February 25, 2011, this consideration would be equivalent to $44.99 of VTR stock for each NHP share, representing a premium to NHP shareholders of ~15% over NHP's closing stock price on that day. VTR shareholders are expected to own ~65% and NHP shareholders are expected to own ~35% of the combined co. The transaction is expected to be immediately accretive to VTR's normalized FFO and and FAD. ===== Triff ..