Healthcare Trust of America (HTA) Declares $0.325 Quarterly Dividend; 3.9% Yield

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Elliott Sends Letter to Healthcare Trust of America (HTA), Urges Sale

November 2, 2021 8:46 AM EDT

Elliott Investment Management L.P. ("Elliott"), in its capacity as one of Healthcare Trust of America's (NYSE: HTA) ("HTA" or the "Company") largest investors, today sent a letter to the Company's Board citing broad shareholder and analyst support for a sale process and calling on HTA to address on its third-quarter earnings call certain questions regarding the Board's efforts to sell the Company.

According to Elliott, HTA shareholders believe that HTA should conduct a strategic review and publicly communicate its efforts around a sale process. "Once commenced," Elliott wrote, "this... More