Monday, June 1, 2009
Brookdale Sr Living Plans $150M Share Offering
Brookdale Senior Living Inc. (NYSE: BKD - News; the "Company") announced today that it plans to raise $150 million in a public offering of its common stock. The Company expects to grant the underwriters an option for 30 days to purchase up to an additional $22.5 million of its common stock to cover over-allotments, if any. Goldman, Sachs & Co., Merrill Lynch & Co. and Barclays Capital Inc. will serve as Joint Book-Running Managers for the offering
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