November 28, 2016 / 8:30 PM / 8 months ago

BRIEF-Mainstreet Health Investments announces the acquisition of 3 memory care communities

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Nov 28 (Reuters) - Mainstreet Health Investments Inc

* Mainstreet Health Investments announces the acquisition of three memory care communities and a US$45 mln bought deal offering of convertible debentures

* Mainstreet Health Investments Inc- deal for an aggregate purchase price of US$44.3 million

* Mainstreet Health Investments Inc - acquisition is expected to be immediately accretive to company's adjusted funds from operations per share

* Mainstreet Health Investments Inc says transaction will be financed through a bought deal offering of convertible debentures

* Mainstreet Health Investments- intends to use net proceeds from offering to finance portion of purchase price of acquisition of memory care communities Source text for Eikon: Further company coverage:

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