NorthStar Realty acquires Griffin-American for $4B
American Healthcare Investors and Griffin Capital Corp. announced the completion of a $4 billion merger between Griffin-American and NorthStar Realty Finance Corp., according to GlobeNewswire.
Merger proceeds to Griffin-American stockholders will be comprised of approximately two-thirds cash and one-third common stock of NorthStar Realty.
Read the announcement below: