Capital Senior Living, an owner-operator of senior living communities across the United States, has set the record date and expected subscription period for the approximately $70 million common stock rights offering announced last month. The company will distribute to each stockholder one non-transferable right to purchase one share at a cash subscription price of $32 for each share held as of Sept. 10, the record date for the rights offering. Rights holders who fully exercise their rights will be entitled to subscribe for additional shares that remain unsubscribed as a result of any unexercised rights. Read more.
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