The proposed merger of American Realty Capital Healthcare Trust, Inc. , with and into a wholly owned subsidiary of Ventas Inc. (VTR – Analyst Report), has crossed another hurdle. Shareholders of American Realty Capital gave their nod in favor of the merger.
Although the closing of the deal still awaits fulfillment of certain customary closing conditions, everything is going smoothly according to the plan. In fact, Ventas has been eyeing the merger deal for quite some time. This merger will add strength to the company’s already strong presence in the healthcare REIT sector.
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