NHC subsidiary agrees to acquire five skilled nursing facilities for $50.5M

NATIONAL HEALTHCARE CORP

Purchase price of $50.5M for five facilities: four in Tennessee, one in South Carolina.
Transaction expected to close in Q2 2026, subject to Buyer financing and government approvals.
Seller is a related party: National Health Corp. (wholly owned by ESOP) owns ~6.6% of NHC stock.
Deposit of $750k due within 3 business days; refundable during inspection period ending June 16, 2026.
Special subcommittee of independent directors approved the transaction.

item 1.01item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.