Brief: Vivere Communities Announces Proposed Acquisition

NexLiving Communities

16/08/2019 14:33

Aug 16 (Reuters) - Vivere Communities Inc  VCOM.V :
    * VIVERE COMMUNITIES INC. ANNOUNCES PROPOSED ACQUISITION AND
NON-BROKERED PRIVATE PLACEMENT FINANCING
    * VIVERE COMMUNITIES INC - WILL ACQUIRE 542 AND 550 RYAN
STREET
FOR AN AGGREGATE PURCHASE PRICE OF $5.5 MILLION SUBJECT TO
ADJUSTMENTS AT CLOSING
    * VIVERE COMMUNITIES INC - WILL PLACE A COLLATERAL MORTGAGE
IN
MAXIMUM AMOUNT OF $4.1 MILLION WITH BALANCE OF PURCHASE PRICE
PAYABLE IN CASH FROM PROCEEDS

Source text for Eikon:  ID:nCNWrwtX1a 
Further company coverage:  VCOM.V 

 ((Reuters.Briefs@thomsonreuters.com;))