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BRIEF-AAC HOLDINGS TO ACQUIRE ADCARE IN NEW ENGLAND FOR ‍$85 MILLION​
September 13, 2017 / 8:43 PM / 2 months ago

BRIEF-AAC HOLDINGS TO ACQUIRE ADCARE IN NEW ENGLAND FOR ‍$85 MILLION​

Sept 13 (Reuters) - Aac Holdings Inc:

* AAC HOLDINGS TO INCREASE PAYOR AND GEOGRAPHIC DIVERSIFICATION WITH AGREEMENT TO ACQUIRE ADCARE IN NEW ENGLAND

* AAC HOLDINGS TO INCREASE PAYOR AND GEOGRAPHIC DIVERSIFICATION WITH AGREEMENT TO ACQUIRE ADCARE IN NEW ENGLAND

* AAC HOLDINGS INC - DEAL FOR ‍$85 MILLION​

* AAC HOLDINGS INC - ‍REACHED A DEFINITIVE AGREEMENT TO ACQUIRE ADCARE INC , ITS AFFILIATES AND ASSOCIATED REAL ESTATE ASSETS​

* AAC HOLDINGS - DEAL ANTICIPATED TO BE FINANCED THROUGH COMBINATION OF PROCEEDS FROM ISSUANCE OF INCREMENTAL TERM LOAN UNDER CO‘S SENIOR SECURED LOAN FACILITY​

* AAC HOLDINGS INC -DEAL ALSO ANTICIPATED TO BE FINANCED WITH CASH ON HAND, SELLER FINANCING AND $5 MILLION OF RESTRICTED SHARES OF AAC COMMON STOCK​ Source text for Eikon: Further company coverage:

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