|Bid||23.53 x 1000|
|Ask||23.54 x 200|
|Day's Range||23.48 - 23.79|
|52 Week Range||19.30 - 29.10|
|PE Ratio (TTM)||16.25|
|Dividend & Yield||1.72 (7.33%)|
|1y Target Est||N/A|
Two shareholders of Sabra Health Care REIT Inc on Monday opposed the company's proposed acquisition of Care Capital Properties Inc, calling the deal too costly. Hudson Bay Capital Management LP, a New York-based hedge fund that owns about 3.4 percent of Sabra, called on shareholders of the healthcare-focused real estate investment trust to reject the merger at a shareholder meeting next month. Sabra was overpaying for Care Capital's assets by up to 30 percent, the hedge fund said in a presentation.
A second investor in Sabra Health Care REIT Inc. has come out against its proposed takeover of Care Capital Properties Inc., arguing the transaction makes little strategic sense and the purchase price ...
Hudson Bay Capital Management has taken a stake in nursing home owner Sabra Health Care REIT Inc. and is urging shareholders to vote against a proposed takeover of Care Capital Properties Inc.