03:09 PM EDT, 06/03/2024 (MT Newswires) -- National HealthCare ( NHC ) said Monday it entered an agreement to acquire White Oak Senior Living portfolio in North Carolina and South Carolina.

Friday's agreement includes 15 skilled nursing facilities, adding 1,928 skilled nursing beds, 48 assisted living units, and more than 300 independent living units to National HealthCare's ( NHC ) operations.

The deal is expected to close in Q3, the company said.

Price: 105.17, Change: -0.58, Percent Change: -0.55