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GM SMG BKD 8.14 NEWS OF SALES&BUYS


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Brookdale Senior Living Enters Deal to Sell Brookdale Battery Park Property to Ventas For $194 Mln
MT NEWSWIRES 7:19 AM ET 8/20/2018
Symbol Last Price Change
BKD 8.14up 0 (0%)
VTR 59.67up 0 (0%)
QUOTES AS OF 04:00:20 PM ET 08/17/2018
07:19 AM EDT, 08/20/2018 (MT Newswires) -- Brookdale Senior Living(BKD) , an operator of senior living communities, said Monday it entered into a definitive agreement to sell its Brookdale Battery Park independent living community to Ventas Inc.(VTR) for approximately $194 million.

The company expects to generate net proceeds of approximately $140 million, net of associated debt and transaction costs.

The deal is expected to close by year-end 2018.

Price: 8.14, Change: +0.06, Percent Change: +0.74

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