Health Care REIT will offer 18M shares in stock sale

02/21/2012 | Wall Street Journal, The

Health Care REIT plans to offer 18 million shares in a stock sale. It will use the proceeds to repay debt and to invest in acquisitions of health care and senior housing properties. The REIT has completed $508 million in acquisitions so far in 2012. The offering will increase Health Care REIT's outstanding shares by 9.4%.

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Wall Street Journal, The

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