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Ventas Supports the Acquisition of Kindred Healthcare

VENTAS (VTR)  More Company Research Source: Business Wire
Last ventas earnings: 7/27 07:18 am Check Earnings Report
US:NYSE Investor Relations: ventasreit.com/investor-relations
PDF TPG Capital, Welsh Carson and Humana to Invest Significant Capital to Acquire Kindred Financially Strong, Leading Provider of Complex Medical Care to Remain Ventas Tenant under Existing Lease Terms CHICAGO--(BUSINESS WIRE)-- Ventas, Inc. (NYSE: VTR) said today that it supports the acquisition of leading healthcare provider Kindred Healthcare, Inc. (NYSE: KND) ("Kindred") by a consortium (the "Consortium") of TPG Capital ("TPG"), Welsh, Carson, Anderson & Stowe ("WCAS") (together, the "Sponsors") and Humana Inc. (NYSE: HUM) ("Humana"). Ventas has been a long-standing partner of Kindred and owns 30 long-term acute care ("LTAC") and inpatient rehabilitation ("IRF") facilities (the "Leased Facilities") operated by Kindred. Immediately following the acquisition, businesses now operated by Kindred will be separated and subsequently owned and operated as follows: Kin [Read more]

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