UPDATE 1-Ventas buys private hospital chain for $1.75 bln

April 6, 2015 11:24 AM

66 0

April 6 (Reuters) - Ventas Inc, a healthcare real estate investment trust (REIT), said it would buy privately held hospital chain Ardent Medical Services Inc for $1.75 billion in cash.

Ventas' shares were up 2 percent at $74.74 in premarket trading on Monday.

Also read: Perry Ellis Agrees to Go Private After Bid From Former Executive Chairman

Read more

To category page