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Ventas' $2.6 billion bid will create healthcare REIT titan

Ventas' $2.6 billion bid will create healthcare REIT titan

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Real estate investment trust giant Ventas took a huge step in bolstering its private-pay assets when it announced it would acquire American Realty Capital Healthcare Trust for $2.6 billion in cash and stock. The transaction is expected to close later this year.

REITs continue buying binge: Ventas spends $7.4 billion for Nationwide Health Properties ...

Ventas announced Monday that it was on the verge of becoming the largest healthcare real estate investment trust in the country by buying Nationwide Health Properties for $7.4 billion. The stock deal, which is expected to close in the third quarter of 2011, pending regulatory and shareholder approvals, would leave Ventas with ownership of more than 1,300 facilities in 47 states and two Canadian provinces.