BKD 15.29 ^8%--Zhonghong Zhuoye Group Buyout
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Market Chatter: Zhonghong Zhuoye Group Buyout of Brookdale Senior Living Could Be Reached Soon, Top $4 Bln
MIDNIGHT TRADER 9:25 AM ET 6/14/2017
Symbol Last Price Change
BKD 15.495up +1.425 (+10.13%)
QUOTES AS OF 09:41:46 AM ET 06/14/2017
09:25 AM EDT, 06/14/2017 (MT Newswires) -- Brookdale Senior Living(BKD) rallied more than 11% after the Financial Times said Zhonghong Zhuoye Group is close to agreeing to a deal for Brookdale and an agreement could be reached in the coming days.
A person involved in the deal reportedly said the sale could fetch more than $4 billion. On Tuesday, Reuters said Zhonghong Zhuoye Group had made an offer of around $3 billion.
Price: 15.50, Change: +1.43, Percent Change: +10.16
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