11:58 AM EST - Leisureworld Senior Care Corporation : entered into an agreement to acquire two luxury retirement residences for a total consideration of $94.8 million. The Royalton retirement residences are located in Kingston and Kanata, Ontario (a suburb of Ottawa). In conjunction with this transaction, the Company also announced an agreement to sell, on a bought-deal basis, $40 million of subscription receipts at a price of $10.50 per Subscription Receipt. Leisureworld Senior Care Corporation
shares T.LW are trading down $0.10 at $10.58.
