Aviv REIT (AVIV) Reports In-Line Q3 AFFO

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SunTrust Downgrades Aviv REIT (AVIV) to Neutral

October 31, 2014 3:05 PM EDT

SunTrust Robinson Humphrey downgraded Aviv REIT (NYSE: AVIV) from Buy to Neutral.

For an analyst ratings summary and ratings history on Aviv REIT click here. For more ratings news on Aviv REIT click here.

Shares of Aviv REIT closed at $30.10 yesterday.

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Omega Healthcare Investors (OHI) to Acquire Aviv REIT (AVIV) in $3B Deal

October 31, 2014 6:07 AM EDT

Omega Healthcare Investors (NYSE: OHI) and Aviv REIT, Inc. (NYSE: AVIV) announced that the Boards of Directors of both companies have unanimously approved a definitive agreement under which Omega will acquire all of the outstanding shares of Aviv in a stock-for-stock merger. The transaction values Aviv at $3.0 billion, and creates the premier publicly traded pure-play skilled nursing facility real estate investment trust (REIT).

Under the terms of the agreement, Aviv shareholders will receive a fixed exchange ratio of 0.90 Omega shares for each share of Aviv... More