Ventas Inc, one of the largest U.S. healthcare real estate investment trusts, said it would purchase American Realty Capital Healthcare Trust Inc in a cash and stock deal valued at about $2.6 billion.Ventas also said it would buy 29 independent living seniors housing communities in Canada from Holiday Retirement Corp for about C$980 million (about $902 million) in cash.Ventas said the deal with ARC Healthcare would add 143 properties, comprising medical office buildings and senior housing communities, to its portfolio.Ventas had about 1,029 medical office buildings and senior housing communities as of Dec. 31, 2013.
Ventas, Inc. is a real estate investment trust (REIT) with a geographically diverse portfolio of seniors housing and healthcare properties throughout the United States and Canada. Shares of VTR traded higher by 0.54% or $0.36/share to $66.80. In the past year, the shares have traded as low as $54.89 and as high as $73.41. On average, 1581290 shares of VTR exchange hands on a given day and today's volume is recorded at 2292804.
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