Capitalsource (CSE) Shares Surge on Sale of Portfolio to Omega Healthcare Investors (OHI)

November 17, 2009 1:12 PM EST
Capitalsource, Inc. (NYSE: CSE) shares are up about 7.68% to $3.99 in early afternoon trading.

Capitalsource sold their portfolio of healthcare net lease to Omega Healthcare Investors, Inc. (OHI). The transaction will result in a substantial gain for Capitalsource, extinguishing about $265 million of indebtedness and add $30 million in cash.

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