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Activist Investor Pushes This Healthcare REIT to Pursue a Sale

·4 min read
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  • HTA

Healthcare Trust of America (NYSE: HTA) is the newest target of activist investor Elliott Investment Management. The firm sent a letter to the healthcare REIT's (real estate investment trust) board of directors, urging them to conduct a strategic review. It believes this process will show the board what Elliott already knows: The best way to maximize shareholder value is to sell the company.