SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
April 30, 1998
Date of Report (Date of earliest event reported)
VENTAS, INC.
(Exact name of registrant as specified in its charter)
DELAWARE 1-10989 61-1055020
(State of Incorporation) (Commission (IRS Employer
File Number) Identification Number)
3300 Aegon Center,
400 West Market Street,
Louisville, Kentucky 40202
(Address of Principal Executive Offices)
Registrant's telephone number, including area code:(502) 596-7300
VENCOR, INC.
(Former name or former address, if changed since last report)
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Items 1-4. NOT APPLICABLE
Item 5. OTHER EVENTS
On April 30, 1998, Ventas, Inc.(the "Company") announced that it had
completed the internal reorganization and the refinancing of all its
indebtedness necessary to complete the spin-off of its healthcare operations and
that its previously announced distribution of one share of healthcare company
common stock for each share of the Company's common stock would be paid on May
1, 1998. In connection with the reorganization, the Company was renamed Ventas,
Inc. A copy of the press release is attached to this filing and is incorporated
herein by reference.
Item 6. NOT APPLICABLE
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(a) Financial Statements of Businesses Acquired
Not Applicable
(b) Pro Forma Financial Information
Not Applicable
(c) Exhibits
Exhibit 99.1 -- Press Release Dated April 30, 1998.
Items 8-9. NOT APPLICABLE
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
VENTAS, INC.
Date: May 7, 1998 By: /s/ T. Richard Riney
---------------------------------
Name: T. Richard Riney
Title: Vice President
<PAGE>
EXHIBIT INDEX
Exhibit No. Description
- ----------- -----------
99.1 Press Release, dated April 30, 1998
Contact: W. Earl Reed, III
Executive Vice President and
Chief Financial Officer
(502) 596-7380
FOR IMMEDIATE RELEASE
VENCOR SPIN-OFF TO OCCUR MAY 1ST
LOUISVILLE, Ky. (Apr. 30, 1998) - Vencor, Inc. (NYSE:VC) announced today that it
has completed the internal reorganization and the refinancing of all its
indebtedness necessary to complete the spin-off of its healthcare operations.
Vencor's previously announced distribution of one share of healthcare company
common stock for each share of Vencor common stock, with a record date at the
close of business on April 27, 1998, will be paid on May 1, 1998.
Vencor, Inc. has been renamed Ventas, Inc., and retains Vencor's real
property, buildings and other improvements. These assets will be leased to the
healthcare company. The healthcare company has assumed all of the operations and
other assets of Vencor, Inc., the Vencor name and the VC New York Stock Exchange
stock symbol. Ventas will trade on the New York Stock Exchange under the symbol
VTR beginning May 1, 1998.
Vencor owns and operates a national network of hospitals, nursing
centers and contract service providers in 45 states.
