National HealthCare Corporation To Acquire White Oak Senior Living Portfolio In North And South Carolina, Including Long-Term Care Pharmacy; Transaction Expected To Close In Q3 2024; Financial Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
National HealthCare Corporation (NHC) announced its plan to acquire White Oak Senior Living Portfolio in North and South Carolina, which includes a long-term care pharmacy. The transaction is expected to close in Q3 2024.

June 03, 2024 | 6:34 pm
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National HealthCare Corporation (NHC) is set to acquire White Oak Senior Living Portfolio, including a long-term care pharmacy, in North and South Carolina. The transaction is expected to close in Q3 2024.
The acquisition of White Oak Senior Living Portfolio, including a long-term care pharmacy, is likely to expand NHC's market presence and service offerings in North and South Carolina. This strategic move is expected to positively impact NHC's stock price in the short term as it demonstrates growth and expansion.
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