Ventas, Inc. Buys Ardent For $1.75 Billion

April 6, 2015 3:10 PM

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Healthcare REIT Ventas will separate Ardent’s hospital business from the real estate portfolio, to sell 90% of the hospital business

Healthcare real estate investment trust (REIT), Ventas, Inc. (NYSE:VTR) has reached a definitive agreement to acquire the privately-held hospital chain, Ardent Medical Services, the former announced today in a news release. Ventas will pay $1.75 billion in cash to buy Ardent, one of the top-10 for-p...

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