Activist Shareholder Doubles Down Against $7.4 Billion Sabra Merger

An activist shareholder is doubling down on its opposition to the proposed $7.4 billion merger of Sabra Health Care REIT, Inc. (Nasdaq: SBRA) and Care Capital Properties, Inc. (NYSE: CCP)—this time arguing that, rather than purchasing CCP, Sabra should actually consider putting itself up for sale to maximize shareholder value. Though Sabra is deeming the CCP merger […]

Another Sabra Shareholder Opposes $7.4 Billion Merger

Yet another shareholder has come out against Irvine, California-based senior housing owner Sabra Health Care REIT, Inc.’s (Nasdaq: SBRA)  planned $7.4 billion merger with Chicago-based Care Capital Properties, Inc. (NYSE: CCP). Eminence Capital, LP, a New York City-based hedge fund, owns 3.9% of Sabra’s common stock. With the announcement that it intends to vote against the Sabra-CCP […]

Hedge Fund Pushes Sabra Shareholders To Reject $7.4 Billion Merger

The proposed $7.4 billion merger of Sabra Health Care REIT, Inc. (Nasdaq: SBRA) and Care Capital Properties, Inc. (NYSE: CCP) has received another negative response, now from shareholder Hudson Bay Capital Management. The New York-based hedge fund advised Sabra stakeholders to vote against the transaction because it has led to a decline in Sabra share prices. […]