The merger between Diversified Healthcare Trust (Nasdaq: DHC) and Office Properties Income Trust (Nasdaq: OPI) has been called off, according to a news release issued late Friday afternoon. In April, the companies announced the proposed merger that would have seen OPI acquire all the outstanding common shares from DHC to create a combined entity called […]
Office Properties Income Trust
Diversified Healthcare Trust (Nasdaq: DHC) is merging with Office Properties Income Trust (Nasdaq: OPI), the companies announced this morning. The deal will see OPI acquire all the outstanding common shares of DHC to create a combined entity to be called Diversified Properties Trust. Under the deal, Diversified shareholders will receive 0.147 shares of OPI for […]
Five Star Senior Living (Nasdaq: FVE) is shaking up its executive ranks again, two days before releasing its Q1 2019 earnings report. The Newton, Massachusetts-based senior living owner and operator announced the appointment of Jeffrey C. Leer as Executive Vice President, Chief Financial Officer and Treasurer. Leer will assume his duties June 1. He succeeds […]
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