National Health Forms Panel to Mull Options

National Health Investors Inc., a Murfreesboro, Tenn.-based provider of financing for health care real estate, has announced the formation of a special committee of independent directors to evaluate its strategic options, including a proposal by its chief executive officer to acquire the company.National Health Investors said its CEO and shareholder, Andrew Adams, has proposed to acquire the company for $30 per share in cash or equity in the new company. The special committee of National Health's board of directors has informed Mr. Adams that it considers his proposal "inadequate," but has asked for more details about the proposal, the company reported. The committee has retained The Blackstone Group LP as its financial adviser regarding the Adams proposal or any other proposed transactions. The company can be found online at http://www.nhinvestors.com.