Healthcare Realty Trust to buy Healthcare Trust in $7.75 billion deal

Reuters2022-02-28

Feb 28 (Reuters) - Healthcare Realty Trust Inc will buy Healthcare Trust of America Inc for $7.75 billion, bringing together two of the largest owners of medical office buildings in the United States.

Healthcare Trust of America's shareholders will receive a total implied value of $35.08 per share, including a special cash dividend of $4.82 per share and a transaction exchange ratio of 1:1, the companies said.

The offer values Healthcare Trust of America at $7.75 billion based on 220.8 million outstanding shares, according to Reuters calculations.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Leave a comment
23