Ventas Inks $2.6B Deal For ARC Healthcare

Law360, New York (June 2, 2014, 3:07 PM EDT) -- Ventas Inc. said Monday it will acquire New York-based American Realty Capital Healthcare Trust Inc. in a $2.6 billion stock-and-cash deal, securing its position as the top health care real estate investment trust in the country.

Chicago-based Ventas said the deal will give ARC shareholders the option of receiving 0.16 Ventas shares or $11.33 for each share of ARC common stock they own, a 14 percent increase from ARC's closing price on Friday.

The REIT also said it has agreed to acquire 29 independent living senior...
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