Monday, February 28, 2011

Yet Another Health Care Merger
The third largest health care REIT, Health Care REIT, Inc, agreed to acquire privately owned Genesis HeatlhCare, a leading provider of senior care and senior rehabilitative centers for $2.4 billion.  Because Genesis is private, no FFO multiple data was provided.  Health Care REIT states that the transaction will accretive to its earnings.

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