<< Read Full Article
<< Read Full Article
Health Care REIT (HCN Quote) agreed to buy Windrose Medical Properties (WRS Quote) in a deal worth about $451 million.
The transaction will also see Health Care REIT assume $426 million of Windrose debt. The merger will create a company with more than 550 properties in 37 states and gross real estate assets of roughly $4 billion.
Each share of Windrose will be exchanged for 0.4509 shares of Health Care REIT. At Tuesday's closing prices, Windrose is being valued at $18.06 a share.
Health Care REIT, Toledo, Ohio, invests in health care and senior housing properties. Windrose is a real estate investment trust based in Indianapolis. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,471.50 | 1,106.41 | 2,190.31 | 35.40 |
Oil *
71.66
|
|
UP
65.67
|
UP
4.06
|
DOWN
0.55
|
UP
0.58
|
10 Yr
3.54%
SPDR Gold
109.32
|
|
+0.63%
|
+0.37%
|
-0.03%
|
+1.67%
|
Data delayed 20 minutes |
Connect with TheStreet