Brookdale Senior Living Inc. (NYSE: BKD) (the "Company") announced today the sale of an aggregate of 10,000,000 shares of its common stock by certain affiliates of Fortress Investment Group LLC. The Company will not sell any shares in the offering and will not receive any of the proceeds from the offering. Subject to customary conditions, the offering is expected to close on May 17, 2010.
The offering is being made pursuant to a shelf registration statement filed with the Securities and Exchange Commission, which became effective on May 22, 2009. A prospectus supplement relating to the offering will be filed with the Securities and Exchange Commission.
BofA Merrill Lynch will act as sole book-running manager for the offering.