Omega Healthcare Investors Inc said it would purchase Aviv REIT Inc in a stock deal valued at $3 billion. Aviv shareholders will receive 0.90 Omega shares for each share held.Maryland-based Omega is a real estate investment trust (REIT) investing in and providing financing to the long-term care industry.Chicago-based Aviv owns post-acute and long-term care skilled nursing facilities and other healthcare properties.
Aviv REIT, Inc. is a self-administered real estate investment trust (REIT) , specializing in the ownership and triple-net leasing of post-acute and long-term cares skilled nursing facilities (SNF). Shares of AVIV traded higher by 0.8% or $0.24/share to $30.10. In the past year, the shares have traded as low as $22.74 and as high as $30.10. On average, 285602 shares of AVIV exchange hands on a given day and today's volume is recorded at 202225.
Omega Healthcare Investors, Inc. (Omega) is a self-administered real estate investment trust (REIT), investing in income-producing healthcare facilities, such as long-term care facilities located throughout the United States. Shares of OHI traded higher by 0.05% or $0.02/share to $38.85. In the past year, the shares have traded as low as $29.32 and as high as $39.53. On average, 1223300 shares of OHI exchange hands on a given day and today's volume is recorded at 1134656.
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