Welltower, Inc. (WELL) PT Lowered to $60 at RBC Capital
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Go back to Welltower, Inc. (WELL) PT Lowered to $60 at RBC Capital
April 27, 2018 5:11 AM EDT
Hilliard Lyons upgraded Welltower, Inc. (NYSE: WELL) from Underperform to Neutral.
Analyst John Roberts comments "With the portfolio improving and sentiment negative around the QCP purchase, the shares could tread water in here, but we no longer expect the pronounced downside... More
April 26, 2018 6:43 AM EDT
Quality Care Properties, Inc. (NYSE: QCP) entered into an agreement with ProMedica Health System, Inc., under which ProMedica will assume the rights and obligations of QCP pursuant to the original plan sponsor agreement between QCP and HCR ManorCare Inc. entered into on March 2, 2018. As a result, ProMedica will acquire HCR ManorCare at the completion of HCR ManorCare's Chapter 11 bankruptcy process.
Separately, QCP entered into a definitive agreement to be acquired by Welltower Inc. (NYSE: WELL) for $20.75 per share in an all-cash transaction that would close concurrently... More
