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National Health Investors Inc completes offering of 5,175,000 shares of common stock


Wednesday, 27 Nov 2013 04:05pm EST 

National Health Investors Inc:Says the completion of its public offering of 5,175,000 shares of its common stock, at a price to the public of $57.00 per share.Says the net proceeds from the offering were approximately $282.3 mln.Says the company intends to use the net proceeds from the offering to fund a portion of the purchase price of the pending acquisition of 25 independent living facilities from Holiday Acquisition Holdings LLC for a total cash purchase price of $491 million. 

Company Quote

70.78
-0.23 -0.32%
12:11pm EDT