Diversified Healthcare Trust Enters Agreements With AlerisLife; AlerisLife Sells All Assets And To Wind-Down Business And Operations; DHC Expects To Receive Net Proceeds Between $25M-$40M For 34% Interest In AlerisLife
Benzinga Newsdesk 1 year ago
NewsAsset Sales
Strategic Transaction is Expected to Diversify DHC's Operator BaseAlerisLife is Selling All its Assets and Will Wind-Down its BusinessDHC Expected to Monetize its 34% Ownership Stake in AlerisLife
Strategic Transaction is Expected to Diversify DHC's Operator Base
AlerisLife is Selling All its Assets and Will Wind-Down its Business
DHC Expected to Monetize its 34% Ownership Stake in AlerisLife