Over the past few months, the real estate investment trust (REIT) sector has experienced a great deal of merger and acquisition (M&A) activity. The M&A deals are motivated by various reasons, such as to expand market share, diversify products or services, increase revenue or earnings and reduce competition. Ideally, the benefits of M&As should go directly to shareholders of the merging companies. But sometimes shareholders of the acquiring company may balk at the deal, thinking the company is pa
One of Diversified Healthcare Trust s largest shareholders is opposing the real estate investment trust s merger with Office Properties Income Trust , saying the deal undervalues the REIT by 90%. | May 23, 2023
Office Properties Income Trust entered into a definitive merger agreement to acquire Diversified Healthcare Trust for approximately $410 million on April 11, 2023. Pursuant to the terms of the. |