UPDATE: Activist Litt Said to Pitch Split Plan to Brookdale (BKD) - Bloomberg

November 30, 2018 11:31 AM EST

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(Updated - November 30, 2018 11:35 AM EST)

Activist Jonathan Litt made his case to split Brookdale (NYSE: BKD) into a real estate investment trust and senior-housing operator to members of the company's management, according to Bloomberg, citing people familiar with the matter.

No decision has been made as to whether to purse the proposal.

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