Shares of Welltower (WELL) gained marginally to close at $81 in Monday’s extended trading session after announcing its intention to acquire Holiday Retirement's 86-property senior housing folio for $1.58 billion. The transaction is likely to close in the third quarter of 2021. Welltower is a real estate investment trust that invests in healthcare infrastructure. Post the transaction, Atria Senior Living, with whom Welltower has signed a definitive agreement to manage properties, will acquire Holiday Retirement, attain control of the properties and retain Holiday’s senior management and staff.
https://www.tipranks.com/news/welltower-to-acquire-holiday-retirements-86-property-folio-for-1-58b
Welltower (NYSE:WELL)
Historical Stock Chart
From Sep 2021 to Oct 2021 Click Here for more Welltower Charts.
Welltower (NYSE:WELL)
Historical Stock Chart
From Oct 2020 to Oct 2021 Click Here for more Welltower Charts.