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No. of Recommendations: 4
Ventas, Inc. (NYSE: VTR) ("Ventas" or the "Company") announced today the pricing of an underwritten registered public offering of 11,000,000 shares of its common stock at a public offering price of $62.75 per share. The underwriters have a 30-day option to purchase up to an additional 1,650,000 shares from the Company at the public offering price. The Company estimates that the gross proceeds from the offering, before deducting the underwriting discounts and commissions and other estimated offering expenses, will be approximately $690.3 million, or $793.8 million if the underwriters exercise their option to purchase additional shares in full. The shares are expected to be delivered on or about June 6, 2019, subject to customary closing conditions.

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VTR down to $62.60 pre-market.

John$
Long VTR, short Jan 17, 2020 CC at $70, $72.50 and $75 with all shares covered.
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