VIRGINIA BEACH, VA --
Health Care REIT, Inc. (NYSE:HCN ) today announced that it has
completed the acquisition of 11 premium-quality seniors housing
communities (the “Portfolio”) for £153 million (approximately USD$257
million in cash based upon an exchange rate of GBP to USD of 1:1.68)
from Gracewell Healthcare (“Gracewell”). Sunrise Senior Living, LLC
(“Sunrise”), the management company in which HCN owns a 24% interest,
will separately purchase Gracewell’s management company and manage the
Portfolio going forward.
Former United States Securities and Exchange Commission attorney Willie
Briscoe and the securities litigation firm of Powers
Taylor LLP are investigating potential claims against the Board of
Directors of Intervest Bancshares Corp.
- Creates a diversified, high-growth therapeutic portfolio, capable of delivering substantial, sustainable value for shareholders - Significantly increases Mallinckrodt's scale, revenues, profitability and cash flow
- Expected to be immediately accretive to Mallinckrodt's fiscal 2014 adjusted diluted earnings per share; significantly accretive to adjusted diluted earnings per share in fiscal 2015 DUBLIN , Aug.
Inc. (NYSE: AGN) (“Allergan”) and TARIS
Holdings LLC today announced that Allergan has closed a transaction
to acquire worldwide rights to TARIS Biomedical’s ® (“TARIS”)
lead program, LiRIS ® , which is currently in Phase 2 trials
for the treatment of interstitial cystitis / bladder pain syndrome
(IC/BPS). Allergan paid $67.5 million in cash upfront, subject to
certain adjustments and holdbacks.
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