Ventas, Nationwide Health Properties Announced Merger Agreement
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Ventas, Inc. (NYSE:VTR) and Nationwide Health Properties, Inc. (NYSE:NHP) announced that the board of directors of both companies have approved a definitive merger agreement, according to a Bloomberg report. Under the terms of the agreement, Ventas will acquire all of the outstanding shares of NHP in a stock-for-stock transaction valued at $7.4 billion. NHP shareholders will receive a fixed exchan…