secwatch.observer — SEC 8-K summary
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Issuer:     NATIONAL HEALTHCARE CORP (NHC)
CIK:        0001047335
Form:       8-K
Filed at:   2026-04-22T23:59:59+00:00
Accession:  0001437749-26-012953
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 1.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NHC agrees to acquire 35 facilities from NHI for $560M
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- Purchase price $560M for 32 skilled nursing and 3 independent living facilities across 7 states.
- NHC currently leases these facilities; closing expected Q3 2026, subject to HSR waiting period.
- No financing contingencies; will partially fund via new credit facility.
- Four Florida skilled nursing facilities to remain under third-party sublease after closing.
- NHC owns ~3.4% of NHI stock; NHI board chairman Robert Adams not standing for reelection at NHI.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1047335/000143774926012953/0001437749-26-012953-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1047335/000143774926012953/nhc20260421_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-012953

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