NATIONAL HEALTHCARE CORP (NHC) Form 8-K — May 15, 2026
National HealthCare Corporation (NHC) has entered into a definitive agreement to purchase five skilled nursing facilities from National Health Corporation, an affiliate wholly owned by NHC’s Employee Stock Ownership Plan (ESOP). The transaction value is $50.5 million, subject to adjustments for net book value and unpaid management fees. The deal represents a strategic shift from a management-only model to asset ownership for these specific facilities, which are currently managed by NHC subsidiaries. Closing is expected in the second quarter of 2026, contingent upon NHC securing acceptable financing and obtaining necessary government change-of-ownership approvals.
Key figures
- Deal Value Usd
- 50500000
- Escrow Amount
- 2000000
- Deposit Amount
- 750000
- Facilities count
- 5
- Seller shares owned
- 1030887
- Seller ownership percent
- 6.6
Price after filing
Close on the filing date to close N calendar days later (from $197.96). Historical, not a forecast.
AI analysis
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