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Stock impact report

NHC Completes Acquisition of White Oak Senior Living Portfolio

National HealthCare Corporation (NHC) 
NASDAQ:AMEX Investor Relations: nhccare.com/investorinformation.cfm
Company Research Source: Business Wire
MURFREESBORO, Tenn.--(BUSINESS WIRE)--National Healthcare Corporation (NYSE American: NHC), a national leader in senior care, announced today that it has completed the acquisition of the White Oak Senior Living (“White Oak”) portfolio, operating in North Carolina and South Carolina, including its long-term care pharmacy. White Oak’s portfolio consists of six skilled nursing facilities in North Carolina, three of which are continuing care retirement centers, including one leased facility. In South Carolina, the portfolio consists of nine skilled nursing facilities, one of which also includes assisted and independent living units.“White Oak has been a premier skilled nursing and senior living provider in North and South Carolina for many years. We are honored to acquire and operate the White Oak brand and continue to provide critical services to their patients and families,” said Steve Flatt, Chief Executive Officer of NHC.The acquisition represents both an expansion of NHC’s operat Show less Read more
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