Law & Health Weekly
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CapitalSource Inc.
CapitalSource Temporarily Delays Healthcare REIT IPO Due to Market Conditions
November 1st, 2008
CapitalSource Inc. (NYSE:CSE) announced that, due to unprecedented market volatility, it has temporarily delayed its plans to conduct an initial public offering of a minority interest in its wholly owned subsidiary, CapitalSource Healthcare REIT. CapitalSource will continue to own and operate 100% of its healthcare net lease business pending completion of an offering of CapitalSource Healthcare REIT common shares. CapitalSource intends to return to the market with the IPO when appropriate. A registration statement relating to CapitalSource Healthcare REIT's common shares has been filed with the Securities and Exchange Commission but has not yet become effective. These...
Source: Law & Health Weekly (2008-11-01)
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